Marine fund gives £6m for prototype research

A marine fund launched today is offering £6million to develop prototypes for new wave and tidal energy in Scottish seas. Rough seas can make developing new technology both costly and […]

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By Vicky Ellis

A marine fund launched today is offering £6million to develop prototypes for new wave and tidal energy in Scottish seas.

Rough seas can make developing new technology both costly and challenging. Scotland’s development agency Scottish Enterprise said it wants to give firms a helping hand with investment capital to keep their businesses and devices afloat.

Lena Wilson, chief executive of Scottish Enterprise said: “With £6 million to award, we can help advanced wave and tidal technologies reach the next stage of commercial exploitation – creating new technologies with global potential, R&D jobs and secure the fabrication and deployment of wave and tidal stream technologies in Scotland.”