Innovative firms get funding boost
Published at 14:18, Tuesday, 19 August 2014
BUSINESSES are being invited to apply for funding to help them develop new technology.
Innovus has joined forces with Sellafield Ltd to enable firms to apply for a share of £397,500 to assist in the creation of technology to enable the clean-up of Sellafield to be quicker, cheaper and safer.
The investment by Sellafield Ltd in the scheme follows the rapid increase in applications to Innovus following its Nuclear Decommissioning Opportunities event in March.
At the event, businesses learned how innovation and technology can provide a competitive advantage, leading to winning work in the nuclear decommissioning industry.
Innovus, which is run by the National Nuclear Laboratory and The University of Manchester’s Dalton Nuclear Institute, helps Cumbrian businesses develop new technologies and innovations by offering financial support, technical and business advice and access to facilities.
Adrian Davis-Johnston, programme and engagement manager at Innovus, said: “Sellafield Ltd is looking to encourage innovative technology solutions to one of the most complicated scientific and engineering challenges in the country – the clean-up of Sellafield.
“Innovus is proud to be the proven vehicle for businesses looking to develop new technologies so they can access the funding, facilities and commercialisation expertise that can make new ideas become real world solutions.
“This funding will enable businesses who have ideas for accelerating decommissioning at Sellafield to develop those opportunities in conjunction with the main customer, and given the similarities between the nuclear decommissioning challenge and the challenges faced in other industries, such as oil and gas, the opportunities for technology transfer and subsequent commercial success are overwhelming.”
Professor Neil Smart, nuclear decommissioning technology development alliance manager at Sellafield Ltd, said: “I would like to take the opportunity to thank the team at Innovus for working with Sellafield Ltd to bring this investment fund to fruition.
“The deployment of innovative technologies at Sellafield is challenging. However, businesses engaging with the rigorous process developed by Innovus will be guided through the technology development journey with Sellafield Ltd facilitating innovative technologies to be deployed at Sellafield on an accelerated basis.”
The Sellafield Ltd sponsored Innovus Nuclear Decommissioning Technology Development Fund is open for applications. Businesses wishing to apply can visit www.innovus.org.uk or email firstname.lastname@example.org.
Published by http://www.nwemail.co.uk
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