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Carbon Trust offers grants for energy efficiency

Small and Medium Sized Enterprises can benefit from up to 10,000 cash boost

Release date: 22/04/2016

The Carbon Trust has just launched a new fund providing vital capital for smaller businesses to replace old, power-guzzling equipment, together with expert advice to boost the efficiency and productivity of businesses in England, Scotland and Wales. The 7m fund has been made available to SMEs on a first come-first served basis, and will offer energy saving training, cost saving assessments, implementation advice, and capital support for the installation of energy efficiency equipment. Eligible companies can apply for a capital contribution to cover up to 15% of an energy efficiency project or equipment replacement cost, up to a maximum of 10,000. The fund can also be used to purchase a range of equipment, including energy efficient lighting, Heating, Ventilation and Air Conditioning (HVAC) and energy efficiency controls vital equipment across a range of business sectors, including manufacturing, retail, and hospitality. The scheme is expected to support 1000 to 2000 smaller businesses across England, Scotland and Wales. It is expected to enable participating businesses to invest 55m in energy saving projects which would deliver them lifetime energy savings of almost 130m. The programme will focus on high quality implementation to ensure the best energy efficiency opportunities are fully realised. The Green Business Fund was launched on Monday 18 April 2016. To help businesses to understand how the Green Business Fund can help them, the Carbon Trust is hosting a series of Green Business Fund workshops. GBN is supporting Bedford Borough Council and The Carbon Trust in holding an energy efficiency workshop in October 2016. We will be sending out further details once details have been firmed up. In the meantime, if you are interested in the grants, please apply directly to the Carbon Trust. For more information visit: http://www.carbontrust.com/client-services/technology/implementation-and-finance/#greenbusinessfund

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