A total of 17 companies have joined the Fit 4 Offshore Renewables (F4OR) program, which aims to provide business support for U.K. firms in the offshore wind sector…
A total of 17 companies have joined the Fit 4 Offshore Renewables (F4OR) program, which aims to provide business support for U.K. firms in the offshore wind sector, delivered by the Offshore Renewable Energy (ORE) Catapult and sponsored by the Offshore Wind Growth Partnership (OWGP).
This is the second nationally based cohort chosen to receive tailored business support, focused on improving tender readiness and winning offshore wind contracts.
F4OR has been designed to support the development of U.K. offshore renewable energy supply chain, with over 150 companies having been supported through the program since 2019.
Companies completing past F4OR programs have experienced an average 28% increase in turnover with many securing multiple new contracts, according to ORE Catapult.
Businesses joining this latest cohort include specialists from mechanical, marine, and precision engineering, environmental consultancy, electrical services, asset integrity solutions, offshore construction, flood defense sectors and more.
Participating companies have undergone a rigorous evaluation process assessing multiple aspects of their business including health and safety standards, environmental sustainability practices, project management capabilities and financial stability, as well as their applicability to the renewable energy market.
Some of the companies supported include Think Hire, Parkol Marine Engineering, JES Group, HiDef Aerial Surveying, FundOcean, Kinectrics,
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