Climate Change Funding for SMEs
SME’s can access funding to help grow their business and combat climate change as a result of two recently launched initiatives:
1. Wanted-SME’s with BIG ideas on climate change
Shell Springboard is open for a 4th round of applications from small businesses who have a product or service that reduces greenhouse gas emissions. This could be a huge opportunity if you have a great idea and a solid business plan behind it, the funding ranges from £20,000 to £40,000.
Applicants must fulfil the following criteria:
-The product or service must reduce greenhouse gas emissions, be innovative and commercially viable.
-You need to have been in business for at least 3 months as a sole trader or a company employing fewer than 250 people.
Applications need to be made by 7th November on line at: http://www.shellspringboard.org
2. Carbon Trust double energy efficiency funds for SMEs
Small businesses feeling the pinch are being offered interest free loans of up to £200,000 to improve their energy efficiency, the overall pot available for loans now stands at £31million.
The increase in funding will make it easier for small businesses to invest in the capital required to improve energy efficiency, reduce costs and reduce their carbon emissions. The loans are unsecured , interest free and repayable over four years.
Visit http://www.carbontrust.co.uk or call the Carbon Trust Advice Line 0800 0850 2005 for further details.