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Growing Kent & Medway to Dole out £3M in R&D Funding

have announced the plans to award R&D grants totalling £3 million. This funding will be dispersed across companies whose projects support inclusive economic growth and environmentally sustainable practices and innovations.

Growing Kent & Medway is a world-class research, innovation, and enterprise cluster that supports growth in technology-driven horticulture, fresh produce packaging, food and drink processing and its supply chains.

Eligible companies would be able to receive a maximum of £250, 000. Eligible projects and initiatives should aim to develop green technologies, processes or products for horticultural food and drink businesses across the Kent and Medway region. 

Kent or Medway-based businesses, or projects that bring significant economic activity in the region, in the horticultural food and drink sector. 

Dr Nicola Harrison, programme director for Growing Kent & Medway, said the grants would be awarded to “projects that will help to establish the Kent and Medway area as a world leader in climate-smart, sustainable horticultural food and drink production”.

Priority innovation themes set out for the grant funding include:

  • Minimising waste and maximising recycling
  • Improving resource use efficiency and sustainability
  • Increasing productivity
  • Resilient food production, such as supply chain resilience and nutritional security
  • Precision technologies, including sensor technologies, AI or robotics
  • Solving the challenge of access to labour

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Swanson Reed is one of the UK’s leading R&D Tax Relief consultancies. We manage all facets of the SR&ED tax credit program, from claim preparation and audit compliance to claim disputes.

If you would like to find out more about how your business could benefit from R&D Tax Credit, contact a Swanson Reed R&D Tax Advisor today.

The post Growing Kent & Medway to Dole out £3M in R&D Funding appeared first on Swanson Reed | Specialist R&D Tax Advisors in the UK.



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