Versatile RobotX secures Freeport East Clean Growth Fund Award
Both funds offer vital support to small and growing businesses and will play a pivotal role in strengthening opportunities for new innovations and green jobs, particularly in high-potential sectors such as clean energy.
The Freeport East Clean Growth Fund offers financial assistance to local businesses operating within clean energy and Freeport East’s other target sectors, such as green hydrogen, agritech, engineering and digital.
Versatile RobotX is developing ECOFARM, affordable fruit-picking robots for use on farms in Tendring and the wider East of England.
Prof Klaus McDonald-Maier, CEO of Versatile RobotX, said: “This funding comes at a crucial time and will enable us to develop highly cost effective and versatile robotic platforms to transform agritech capabilities for growers in our region and beyond.”
Steve Beel, Chief Executive of Freeport East, said: “Investing in local businesses and growing our workforce is investing in the future of the East of England. The funds not only empower entrepreneurs to advance clean energy and technological developments that will create new economic opportunities for our region, but will also ensure that our local workforce is equipped with the skills needed to thrive in a rapidly evolving economic landscape.
By investing in these high-impact sectors, we’re not only supporting local businesses but also setting the stage for a future where our region is at the forefront of high value sectors that build on our local expertise, such as clean energy, trade, agritech and digital.”
For more information about Freeport East visit here.
