If you are an SME with aspirations to save money through energy, water or waste efficiency measures or technologies then the Grants4Growth programme can help. A much wider range of interventions then you perhaps think can potentially be funded including;
- New heating systems
- New lighting units
- Building fabric improvement
- Fenestration upgrades
- Fleet and vehicle replacements
- New plant and machinery, and much more
If there is a more efficient alternative to what is currently in use then it is likely that funding can be made available to assist with the capital expenditure.
Equally if you are a Low Carbon and Environmental Products and Services SME company then a small revenue grants fund is available to assist with marketing and promotional activities.
Both ERDF funding streams are subject to eligibility criteria and approval of a Grants Panel. Grants of up to 28% for capital expenditure and up to 30% revenue expenditure are available. Typical grants range from £1,000 to anything up to £20,000 depending on the total cost and whether jobs are secured and created as result.
Specialist Business Brokers are employed by the programme to assist SME’s with checking their eligibility and suitability, and completing the application forms required.
Within the first 8 weeks of the programme businesses have already benefited and many others are in the process of applying for grants. The programme runs until 31st March 2015.
If you are not sure whether your proposed investment qualifies or just want to know what we can fund then please get in touch for an informal chat. If suitable then one of our Busines Brokers can come and see you and talk you through the simple application process.