Scottish Enterprise has made a grant of £100,000 to Inverurie renewables business Current2Current to help fund the development of a tidal energy converter. The research and development grant is a contribution towards the £260,000 C2C needs to test a prototype ahead of moving onto the full development stage. The remainder of the cash has been put up by private investors.
Herald 7th Sept 2016 http://www.heraldscotland.com/business/14726589.North_east_renewables_business_gets_cash_boost_for_tidal_energy_converter/