Seeds Capital has been awarded a government Community Renewal Fund (CRF) grant. The CRF grant is an Innovation accelerator grant being awarded by Business Durham, University of Durham and delivered by CPI for SME’s that have promising technology and can demonstrate improvements to current product or innovation and must be able to demonstrate the innovation journey, value & acceleration of product developments as these are substantial interventions that will lead to real economic benefit to the region.
Seeds Capital was selected for this grant as CPI see Seeds fulfilling these criteria in delivering new regional capabilities for manufacturing battery and solar technology.
The value of the grant is 200 hours of effort to develop and accelerate the technology to market, however Seeds was granted up to 500 hours reserved for the 2 most promising SMEs. The project is to run between Jan and Jun 2022.