Partly Cloudy

Partly Cloudy

max temp: 15°C

min temp: 8°C

ESTD 1874 Search

Maldon: DCE Motorports targets Horizon 2020 EU growth funding with help of Essex County Council

06:00 13 July 2014

David Cunliffe, managing director of DCE Motorsports.

David Cunliffe, managing director of DCE Motorsports.

Archant

A high tech engineering company with a range of top flight motorsport clients, including Formula 1, is among companies hoping to secure funding from the European Union with the help of support from Essex County Council.

shares

DCE Motorsports, based in Maldon, took part in a bid development workshop, hosted by the council’s Essex Innovation Programme and delivered by its funding and investment team, which was aimed at supporting businesses to grow by accessing funding through the EU’s Horizon 2020 Research and Innovation Programme.

Horizon 2020 is a new simplified funding stream aimed at helping innovative small and medium sized enterprises to grow by creating new products and improving processes and collaborating with similar companies.

More than 2.8billion euros will be available for companies through the fund up to 2020. The workshop, last week, is just part of the on-going support available for businesses in the county from Essex County Council to help them successfully bid for a share of it.

Kevin Bentley, the council’s cabinet member for economic growth and infrastructure, said: “We are doing everything we can to support businesses in Essex, to help them grow and provide jobs for the future.

“We have expertise to enable businesses to unlock vital EU funding and bring it to Essex where it will boost our county’s economic prosperity.”

David Cunliffe, director of DCE Motorsports, an advanced electronics and manufacturing company servicing the automotive and motorsports sectors, said: “The H2020 event showed that for us as a SME that there is clearly funding available. So we’re here to find out more and drill down into what we can do and see the possibilities.

“We’ve identified partners in the UK and Europe to work on a unique and innovative engineering automotive solution for the global automotive industry.

“EU funding will help us in the areas of Research and Development, regulation and intellectual property. I realised I was looking too small scale and I can make more of my business than I thought.”

The funding and investment team at Essex County Council offers Essex organisations funding support and advice services to maximise success at securing external funding. In the last three years the team has secured over £61m of funding for businesses, charities and community organisations in Essex.

The Essex Innovation Programme works with business across the county providing private sector professional business mentoring to help companies to grow and commercialise their innovative products and services. Last year, the Essex Innovation Programme helped companies in the county to access nearly £500,000 in funding.

shares

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Thomson's first flight from Stansted Airport to Cancun, using the Dreamliner, was today. Picture: Tony Pick Photography

The first Dreamliner plane jetted off from Stansted Airport yesterday as part of a new route to Mexico.

The Iron Throne featured in the Game of Thrones series, which is coming to Ipswich this month

Pretenders to the Iron Throne will have the opportunity to stake their claim as ruler of Westeros this month as the iconic seat used in the hit TV show Game of Thrones will be coming exclusively to Ipswich.

Cap David Marsden, Daisy Ip and Louisa Chung from the Hong Kong Trade Development Council, with Deputy Mayor of St Edmundsbury Cllr Patrick Chung, Leader of St Edmundsbury Cllr John Griffiths, St Edmundsbury Cabinet Member for Economic Growth Cllr Alaric Pugh, Nikkos Savvas, principal of West Suffolk College.

The “encouraging” interest shown by west Suffolk companies for business opportunities in Hong Kong has sparked a second seminar in Bury St Edmunds next Thursday.

Shell has seen profits plummet.

Shell’s first-quarter profits plummeted 58% to 1.6 billion US dollars (£1.1 billion) as the falling oil price continues to hammer the sector.

Sainsburys posted a 13.8% fall in underlying annual profits.

Sainsbury’s posted a 13.8% fall in underlying annual profits as it remained under pressure amid a supermarket price war and said there was little sign of an end to tough conditions.

Most read

Great Days Out

cover

Click here to view
the Great Days Out
supplement

View

Most commented

HOT JOBS

Show Job Lists

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24