A £6m offshore renewable energy centre is planned for Lowestoft.
An artist's impression of the planned £6m centre for Lowestoft
The centre, which would be built at Ness Point close to the UK's largest wind turbine, would be a business park for firms in the sector.
It would form part of Suffolk County Council's aim to play a major part in UK renewable energy development.
If agreed the East of England Development Agency will invest £3.6m and £2m will come from Objective 2 capital funding.
If funding is agreed, work should start in the centre in 2006 with completion by the summer of 2007.
Suffolk County Council would contribute £50,000 and Waveney District Council £250,000.
The building would have workspace units for about 30 businesses as well as conference, exhibition and library facilities.
Kevan Lim, executive member responsible for economic and social regeneration, said the centre would be important in expanding the Lowestoft economy and creating new jobs.