A range of funding schemes can help businesses cut energy use.
Not sure where to start? For advice on funding a specific project idea, email GSBS@suffolk.gov.uk or call 01473 260710.
Loans and Finance
Carbon Trust & Siemens Efficiency Loans - help businesses cut their energy costs. To be eligible for a loan you must have been trading for over 3 years.
On-Farm AD Loan Fund - Loans of up to £400,000 or 50% for farms with access to manures or slurries looking to build Anaerobic Digestion power plants. Expected to reopen to new applications soon.
Suffolk Carbon Reduction Loan - 0% Loan of up to £5,000 for measures that deliver clear carbon reductions. Loans approved on a 1st come 1st served basis.
West Suffolk Solar for Business - Generate electricity on your roof and cut your energy bills at no cost or hassle to you. 100% of the electricity generated is available to you at a discounted tariff cheaper than your current supplier.
BEE Anglia - Up to £20,000 for SMEs across Suffolk and Norfolk to install energy efficiency measures. Call 01473 350 370 to discuss requirements.
eCargo Bike Grant Fund - Dept. of Transport grant allowing businesses to get up to 20% or £1000 towards an electric delivery bike. Up to 50 bikes per business.
The KEEP+ Programme - can provide a range of match funded grants to assist the development of your innovative new product or service.
Energy Entrepreneur Fund - A total of £10 million available for allocation to support UK businesses operating in the green energy sector to propose low carbon ideas for the future.
West Suffolk Greener Business Grant - Up to £1,000 (50%) for West Suffolk businesses for work such as insulation, replacing heating controls and lighting or installing more energy efficient alternatives to existing equipment.
Carbon Trust Green Business Fund- Capital contribution of 15% of the project cost (up to a max of £5,000) for small and medium businesses to invest in approved energy saving equipment
Carbon Trust Enhanced Capital Allowance (ECA) Scheme 100% tax relief for the first year on certain energy saving technologies.
Travel Plan Grant - Up to £1000 match funded grant that encourages local businesses to invest in sustainable travel projects.
Feed in Tariff - Government payments for renewable energy generation (e.g. Solar, Wind, Anaerobic Digestion). Due to end for new applications in march 2019.
Shell Springboard - Annual competition, 6 grants of £40,000 for innovative and commercial low carbon business ideas from SMEs. 2019 applications open in Autumn 2018.
The Renewable Heat Incentive - Payments for renewable heating systems including biomass, heat pumps, solar thermal and biomethane.
Postcode Lottery Green Challenge - Global competition offering €500,000 to develop inventions that combat CO2 emissions.
RHI Training - Currently closed - Financial support for existing plumbing & heating engineers and apprentices to train in renewable heating technologies.
Barclay Bank Green Trade Loan - Funding to meet your environmental goals.
NatWest Sustainable Energy Financing - Supporting the transition to a green economy
Lloyds Bank have also announced a £2Bn Green Business Lending drive - More details coming soon.
General Business Funding (not specifically environmental)
Invest East - A free, invester-led programme to support Norfolk and Suffolk businesses to understand and prepare to raise equity and other forms of finance
Growing Business Fund - grants of up to 20%, between £5,000 and £100,000 for business growth associated with job creation.
European Agricultural Fund for Rural Development - grants of 40%, £35-140,000, for rural micro and small businesses to diversify or grow.
Finance schemes to support entrepreneurs - List of government schemes to support enterprise and SMEs.
Transforming Suffolk Loan Fund - low interest loans of £5,000-£50,000 for social enterprises or charities.
Other Funding Search Tools
There is no 100% complete & reliable listing for green funding, so if you have a specific idea for a project it's worth checking a number of places.
We've listed the ones we think are most relevant above, but there are a lot more to be found at:
New Anglia Growth Hub - your local 1-stop-shop for all business support, including funding and finance.
Business Finance & Support Finder - a government website listing available grants and support.
GRANTfinder - A solution aimed at local government.