Underspent Grant to Boost Exeter Airport and Innovation in Aviation Sector
Key Ideas
- A grant of £236,000 allocated to create a future flight innovation zone at Exeter Airport and iAero in Yeovil remains largely unspent, providing potential for boosting innovation in the aviation sector.
- The funding, aimed at supporting technology development for decarbonizing the aviation industry, is managed by Somerset Council and has government approval for rollover, presenting new opportunities for expenditure.
- The future flight innovation zone will serve as a testbed for various future flight technologies, including hybrid, electric, and hydrogen-powered aircraft, with involvement from partners like Devon County Council, the Met Office, and educational institutions.
- Despite some delays in progress on economic development strategies by East Devon District Council, efforts are ongoing to explore avenues for utilizing the underspent grant to benefit Exeter Airport and drive innovation in the South West region.
A grant of £236,000 designated for establishing a future flight innovation zone at Exeter Airport and iAero in Yeovil, part of Devon and Somerset's initiative, has seen limited expenditure thus far. The funds were intended to support advancements in technology to reduce carbon emissions within the aviation industry. Although a small portion of the funding has been utilized, efforts are being made to explore new avenues for its allocation after receiving approval for rollover from the government.
The future flight innovation zone aims to capitalize on the region's expertise and infrastructure by serving as a testbed for various future flight technologies. This initiative includes testing hybrid, electric, and hydrogen-powered aircraft under real-world conditions, incorporating a range of partners such as Devon County Council, the Met Office, the University of Exeter, and Exeter College.
Tom Winters, the economic development manager at East Devon, highlighted the potential for Exeter Airport to benefit from the underspent grant, expressing optimism for additional opportunities in the aviation sector. Despite some challenges in the progress of economic development strategies, the council remains committed to realizing its ambitions, with a focus on leveraging the available funding to drive innovation and economic growth in the area.
Topics
Aviation
Grant Funding
Economic Development
Partnerships
Aviation Innovation
Exeter Airport
Future Flight Technologies
Devon And Somerset
East Devon District Council
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