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£3.4m low carbon funding boost for Scottish SMEs

Green funding news – by GreenWise staff
29th February 2012
Up to 1,000 small to medium-sized enterprises (SMEs) in Scotland are to benefit from £3.4 million of new EU funding to develop low carbon technologies, products and services.
The funding, from the European Regional Development Fund, is expected to support 270 green jobs in Scotland. It has been awarded to six projects being run by leading Scottish universities and colleges. Projects include a knowledge exchange network at the University of Strathclyde providing SMEs with technology transfer and business development support mainly in the area of low carbon energy, and innovation networks at the Adam Smith College to enable SMEs to improve their business performance through collaboration.

Announcing the funding, yesterday, Scottish Finance Secretary John Swinney said: "These six projects [will] deliver jobs and growth for our economy, helping small and medium-sized businesses develop low carbon technologies.

"Collectively they form a comprehensive, coherent and integrated work programme that will increase the extent of quality of knowledge exchange with industry."

Professor Jim McDonald, chair of the Energy Technology Partnership (ETP) and principal of the University of Strathclyde, said: "Today’s news reflects Scotland’s world-class reputation for energy research and development, and will further accelerate our progress towards Scotland’s low carbon economy."

Projects awarded funding
The other four projects are LoCal-Net at the University of Abertay, Dundee, to facilitate low carbon R&D and innovation across the food and drink, agriculture, forestry, construction and rural industries; RenewNet, at the University of Edinburgh, that will provide power engineering expertise to accelerate technology; National Biofuel Resource Centre, at Napier University, which will help Scottish businesses use biofuel to minimise their waste disposal costs; and a project building on the existing Energy Technology Centre (ETC) in East Kilbride, focusing on providing specialist offshore wind and marine component/sub-system test and demonstration services, while also addressing challenges within other renewable energy technologies.

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£3.4m low carbon funding boost for Scottish SMEs
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