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Launch of Culture and Creative Industries Innovation Fund

Date: 7 Dec

Businesses and organisations seeking to invest in creative technology, or CreaTech projects can access up to £250,000 from this £1m funding pot from CIoS LEP.  The LEP’s investment into the creative economy was committed as part of Cornwall’s bid to become City of Culture 2025. The LEP is now inviting bids for a minimum £100,000 funding up to a maximum of £250,000.

The £1m fund aims to foster commercial opportunities and innovation in the immersive and creative industries particularly through new product, experience or service developments, and is open to business and organisations based or operating in Cornwall and the Isles of Scilly.

Projects could be about developing and applying creative technologies, such as augmented and mixed reality, motion capture or game engine and 3D environments, through to cluster development including knowledge transfer, supply chain development and attracting talent and investment.

The open call for projects is aimed at businesses and organisations across a range of market sectors and industries. These include (but are not limited to) creative industries, video game development, screen sector, healthcare, education, future mobility, manufacturing, retail, tourism, leisure and sport.

  • Minimum Funding: £100,000
  • Maximum funding: £250,000
  • Match funding requirement: Anticipated between 25%-50%
  • Projects must be delivered between April 2024 and March 2026
  • Closing date for applications: 28 January 2024

Further information and details for applicants is available on the LEP website.