The GBP 50 million programme launched last year supports early-stage project development, with the second round seeking to award up to GBP 15 million (nearly EUR 18 million). The now-running Supply Chain Accelerator round, which closes to applications on 27 June, also has an expanded scope to include UK ports and port-related infrastructure.

The new Supply Chain Investment Programme will provide capital investment to fund project construction, but could also include development funding for larger projects which cannot be funded by the Supply Chain Accelerator, according to a presentation published by The Crown Estate.