Further support and grants available to help businesses ‘Go Green’
By Anna Wiseman
21st Mar 2024 | Local News
Somerset Council is continuing to help businesses to reduce their carbon emissions and save money on energy costs through the extension of two pioneering schemes.
Launched in October, the 'Go Green Scheme' and the 'Somerset Green Business Grant Scheme' were introduced to offer businesses practical help and financial support to reduce energy consumption and carbon emissions. The schemes have been funded from the Government's UK Shared Prosperity Fund and the Local Growth Fund.
The schemes are already making a tangible difference with the Go Green Scheme identifying potential energy and carbon savings of 35% while the Green Business Grants have funded businesses to take forward a wide range of measures – from e-forklifts to smart controls.
Cllr Ros Wyke, Lead Member for Economic Development, Planning and Assets at Somerset Council, said: "I am delighted we had such a positive reaction from businesses in Somerset when we launched these two schemes. As a result of their success we are extending provision in response to business need and demand.
"We want to support our local businesses to reduce the amount of energy they use. This is a 'win-win' situation which will lead to a lower carbon footprint while reducing outgoings through reduced energy costs."
The Go Green Scheme
Somerset Council has secured £100,000 from the Government's UK Shared Prosperity Fund to support 150 eligible SME's under the Go Green Scheme.
This scheme is being delivered by the Net Zero specialist consultancy Balanced Energy and will help eligible Small and Medium Sized Enterprises (SMEs) to understand their energy consumption and show how it can be reduced. The scheme offers free energy audits and support to develop individual, costed and prioritised sustainability plans.
Further information on the Go Green Scheme 'empowering Somerset businesses to go green' is available at www.gogreenscheme.org.uk
Somerset Green Business Grants
These grants are available for Somerset based SME's who already have sustainability plans in place. The aim of the grants is to provide financial assistance to take forward identified measures to reduce energy consumption and costs as well as carbon emissions. Grants can fund up to 50% of total eligible project costs, with the remainder funded by the applicant.
Eligible businesses will need to act fast. Round 2 of the Green Business Grants is now open with an application deadline of 30 April 2024. If a grant is approved activity and expenditure will need to be completed by 30 November 2024.
For businesses who are not ready to make an application for Round 2 of funding, Somerset Council anticipates a Round 3 opportunity, for similar project activity, to be announced in the summer of 2024.
Businesses interested in finding out more about Green Business Grants should visit Funding and grants for business (somerset.gov.uk) or email [email protected]
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