Securing Growth Deal, EU and Local Authority Funds for an Innovation Centre

lowcarbon

HJA led the process of applying for and securing £3.2 million of ERDF funds, from first discussions through to completion of the contract and draw down of the funds.

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Funding For Growth

HJA has worked with Somerset County Council for over four years on measuring the economic impact of the construction and operation of the new Hinkley Point C nuclear power station, and developing plans to maximise its positive impact on the local economy.  A significant project is the development of a Low Carbon Energy Innovation Centre, to help local SMEs to engage in the supply chain.  Various funds were investigated by HJA, and a funding package compiled from local authority funds and ERDF Competitiveness funds.

HJA designed an innovation support project, comprising both an innovation centre and a programme of business support activities, and developed a comprehensive business plan for this.  HJA helped to make the case for the County Council to invest in this project during a period of significant local authority budget cuts.  HJA led the process of applying for and securing £3.2 million of ERDF funds, from first discussions through to completion of the contract and draw down of the funds.

As a consequence of HJA’s work with Somerset County Council an innovation centre is now being built that will support the involvement of local SMEs in the £16 billion project to build a new nuclear power station, and its ongoing operation.  This will provide the focus for the creation of a business cluster that will serve both local and export markets in the new nuclear build sector.