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Funding for Small Businesses from the Carbon Trust

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30% funding for small and medium businesses

The Carbon Trust Green Business Fund is offering to fund 30% of the cost of energy saving equipment for your business. With an upper cap of £10,000 this scheme offers a significant financial contribution to the instalment of energy saving equipment for small and medium sized business in England, Scotland and Wales.

What is the Green Business Fund?

The Green Business Fund is a £7m initiative from The Carbon Trust and aims to provide support for small to medium businesses in England, Scotland and Wales to boost their energy efficiency. Launched in April 2016 the scheme is available on a first come first served basis and offers capital contributions towards the installation of energy efficiency equipment, implementation advice, energy saving training and cost saving assessments.

Am I eligible?

Financial support is available for companies with fewer than 250 employees based in England, Scotland and Wales. The minimum total size of the project must be £2,500 and equipment must be purchased from a Carbon Trust accredited supplier listed in the Green Business Directory, such as Spirit Solar.

Does the scheme offer support for larger companies?

The fund offers a free implementation advice service for companies with up to 1,000 employees based in England, Scotland and Wales. This service includes up to 5 days of support from a Carbon Trust consultant at no cost to you, a feasibility check, written performance specifications appropriate for your individual business, as well as identifying suitable suppliers and assessing tenders.  Implementation advice may act as a gateway to receiving the capital contribution of up to £10,000 or 30% of the purchase cost.

Additional services

Energy opportunity assessments for companies with fewer than 250 employees, paid for by the Green Business Fund are also available. This support may be provided remotely, via telephone and email, or on-site, on a first come first served basis. The Green Business Fund is also offering workshops for companies with fewer than 50 employees aimed at helping small businesses to identify energy saving opportunities. These workshops will be paid for by the Green Business Fund for limited period, again on a first come first served basis.

How do I apply?

To apply for the Green Business Fund you will need a quotation from your chosen supplier. https://www.carbontrust.com/resources/green-business-directory/spirit-solar-ltd/

Full the details of applying to the Green Business Fund can be found on the Carbon Trust website.