Unlocking new funding for agri-food innovation

Agri-EPI Centre can help

Agri-EPI is seeking to lend its expertise to businesses in the agri-tech space to help them access the UK Government’s £1.25 billion government coronavirus support package.

The Chancellor, Rishi Sunak, announced the new package this week to protect firms driving innovation in the UK. It includes a £500 million investment ‘Future Fund’ for high-growth companies impacted by the crisis, made up of funding from government and the private sector. SMEs focusing on research and development will also benefit from £750 million of grants and loans.

Agri-EPI has the expertise to help de-risk both the financial and technical aspects of accessing and utilising grants from the new support package.

Chief Executive Dave Ross explained:

“Agri-EPI works to develop partnerships and provide support to UK businesses seeking to develop, evaluate and market technical and engineering products which support efficiency, profitability and sustainability across the food supply chain. We work closely with academia and science and have a portfolio of publicly-supported facilities and assets which are open for use by our partners.

“With a strong track record of success in supporting businesses of all sizes to successfully access funding and to invest in opportunities, we are primed to offer our expertise to any businesses seeking to access this new UK Government funding and we urge those in the agri-food sector with an interest accessing the funding to contact us so that we can lend our expertise to making it happen.”

Rishi Sunak said the targeted and tailored help would ensure firms in some of the most dynamic sectors of the UK economy – ranging from tech to life sciences – are protected through the crisis so they can continue to develop innovative new products and help power UK growth.

For further details on the new fund, visit the UK Government’s website.

To discuss collaboration with Agri-EPI Centre, please contact Business Development Director, Lisa Williams.