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East of England companies invited to join offshore wind success story

Norfolk County Council, 2 March 2023 00:00

Companies wanting to break into the offshore wind industry can apply to an award-winning technology acceleration programme based in the East of England for the first time.

Launch Academy East of England, run by the Offshore Renewable Energy (ORE) Catapult, opens today (Thursday) until 28 April, for expressions of interest from companies across Norfolk, Suffolk, and Essex, pioneering new products and services for the offshore renewable energy sector.

Funding for the programme has been provided by ORE Catapult, leading offshore wind developer RWE, Norfolk County Council, Essex County Council, and Suffolk County Council, with pro bono support provided by Marks & Clerk, Birketts, and Lovewell & Blake.

Stephen Wyatt, Director of Strategy and Emerging Technologies at ORE Catapult, said: "It is fantastic to be launching a Launch Academy programme in the East of England for the first time - a region where offshore renewable energy has really taken off and continues to grow.

"Launch Academy is the only technology accelerator dedicated to offshore wind early-stage companies that allows us to provide highly focused support for leading innovators in the UK supply chain.

"I'm delighted that RWE have joined as industry sponsors who will provide great value to all the companies in the programme, and for the support of the local councils as we seek to grow local companies."

Danielle Lane, Director of Offshore Development UK and Ireland at RWE, said: "East of England is a key region for RWE and as such we are delighted to support this first ORE Catapult Launch Academy for Essex, Suffolk and Norfolk.

"With interests in four local operational offshore wind projects and two in the development pipeline, RWE is keen to play a role in ensuring local companies and suppliers have the opportunity to bring forward innovative solutions, technologies and concepts that could potentially benefit the wider offshore wind sector."

Nine companies will be chosen for the seven-month programme that will include bespoke support modules, delivered by ORE Catapult and expert partners. These include legal, marketing, export, accountancy, intellectual property (IP), investor readiness, technology assessment, and business case reviews - worth around £25,000 per company. At the end of the programme, companies will also have the chance to pitch to ORE Catapult's network of private investors.

Councillor Fabian Eagle, Cabinet Member for Growing the Economy at Norfolk County Council, added: "I'd urge small businesses to step forward and take advantage of this free support which is designed to launch some of our newest businesses onto a strong path to growth. This is an exciting opportunity to help promote a vibrant and sustainable economy, by supporting the right jobs, skills and training for local people. Our investment in this project builds on the work we're doing to enable Norfolk's transition to net zero, secure green jobs for the future, and support offshore wind supply chain development in Norfolk."

Councillor Richard Smith MVO, Cabinet Member for Economic Development, Transport Strategy and Waste at Suffolk County Council said: "Suffolk County Council is very pleased to support ORE Catapult to bring the prestigious Launch Academy opportunity to businesses in Suffolk. A first for the region, Launch Academy East of England not only supports the government's clean energy growth ambitions, but will help develop the capacity of Suffolk businesses to win offshore wind contracts in the UK and in overseas export markets, creating jobs for the communities of Suffolk."

Launch Academy East of England will tap into the large amount of offshore renewables activity in the area, with the hope of enhancing the regional supply chain, growing local companies, boosting local content, and increasing engagement in innovation.

The regional programme will run from June to December 2023 and has been developed following the success of previous national and regional cohorts that have supported companies to raise over £15 million of investment since 2019.

Find out more and fill in an expression of interest form on the Catapult website. (opens new window)

Last modified: 14 May 2024 12:45

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