A new £1m fund from the West of England Combined Authority, to help small and medium-sized businesses improve their energy efficiency, is now open to applications. This could help businesses reduce their energy bills and be protected from future energy price rises.
Green Business Grants are open to eligible applicants across Bath and North East Somerset, Bristol, North Somerset and South Gloucestershire.
Cashback grants of £1,000-£15,000 are available for:
- improvements to the energy efficiency of buildings – this could include insulation, heating and lighting
- and/or purchases to improve business operations, such as electric vehicles and more efficient production or refrigeration equipment.
The grant pays for 40% of eligible costs and is paid in arrears at the end of the project.
Regional Mayor, Tim Bowles, said: “We know we all need to do more to tackle climate change. This new fund will help businesses make their buildings and activities more energy efficient. It will help protect the climate and environment upon which we and future generations depend and builds on our Local Industrial Strategy.”
Green Business Grants are part of the West of England Combined Authority’s Low Carbon Challenge Fund, which is supported with £1.7m from the European Regional Development Fund.
For more information on the West of England Green Business Grants, including eligibility criteria, grant guidance and application forms, visit www.westofengland-ca.gov.uk/green-business-grants.