Funding Opportunities

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 264472.

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.

Low Carbon Innovation Fund - Early-stage loans or equity investments of £25-£750k to SMEs, supporting innovative low-carbon products or processes. Closed until 2017. LCIF Case Study.

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.

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.

Grants

BEE Anglia - Up to £20,000 (28%) for SMEs across Suffolk and Norfolk to install energy efficiency measures. Call 01473 350 370 to discuss requirements.

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)

Shell Springboard - 6 grants of £40,000 for innovative and commercial low carbon business ideas from SMEs. Annual competition, Deadline 6th November.

The Renewable Heat Incentive - Payments for renewable heating systems including biomass, heat pumps, solar thermal and biomethane.

Postcode Lottery Green Challenge - CLOSED re-opens March 1st 2018 - Global competition offering €500,000 to develop inventions that combat CO2 emissions.

RHI Training - CLOSED - Financial support for existing plumbing & heating engineers and apprentices to train in renewable heating technologies.

General Business Funding (not specifically environmental)

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. 1st submission date 8th January 2016 - fund closes September 2016.

Finance schemes to support entrepreneurs - April 2013 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.

 

 

 

 

Information accurate as of March 2017