The Carbon Trust has 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 across 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 of between £1,500 and £10,000 to cover up to 15% of an energy efficiency project or equipment replacement cost.
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. 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.
Apply now – this support is available for a limited period on a first come, first served basis, aimed at small and medium sized businesses in England, Scotland and Wales.
How to find out more and make an application: To discuss how your business could benefit from the support on offer, or if you have any questions about the Green Business Fund please visit www.carbontrust.com/greenbusiness, email firstname.lastname@example.org or call 020 7832 4773 to speak to an advisor.