This is an investment accelerator competition providing simultaneous grant funding and private investment from Sky Ocean Ventures for early stage projects led by UK companies. The grant funding is provided by Innovate UK, part of UK Research and Innovation.
Up to £1 million of grant funding and £1 million of private investment is available to support business-led innovation. This is to develop solutions that tackle the environmental crisis of plastic pollution in the world’s oceans.
The competition is open to single UK small and micro companies who are looking for grant funding and who want to establish an equity relationship with Sky Ocean Ventures. Find out if your business fits the EU definition of a small or micro company.
Your project’s total costs should be between £100,000 and £200,000. Projects must start by 1 September 2019 and last up to 12 months.