In June 2024 The Crown Estate (TCE) established a £50m Supply Chain Accelerator fund (the Accelerator) to catalyse the capacity and capability of the UK supply chain in order to support a thriving offshore wind industry. The Accelerator provides early-stage development funding for offshore wind supply chain projects, supporting them to be investment-ready.
Second round of the Supply Chain Accelerator now live
Following the passing of The Crown Estate Act 2025, TCE have now launched an expanded second round of the Supply Chain Accelerator, which builds on a successful first round in 2024 where TCE awarded nearly £5 million to 13 organisations.
Businesses can apply for up to £1.5 million per eligible project, with The Crown Estate providing 50% match funding for early-stage development expenditure. We will also look for the option to participate in the capital investment phase.
The application window will close on Friday 27 June 2025. Successful projects will be announced before the end of the year following assessment of applications, negotiation of funding and commitment agreements and necessary approvals.
