Funding available for green energy and carbon reduction schemes

Posted by: Belinda Hargreaves

Fri 3rd May 2024

A council and a university have teamed up to make funding available for green energy and carbon reduction schemes across Derbyshire.
The Green Entrepreneurs Programme has been set up to support SMEs, partnerships, sole traders, CICs and charity organisations located in Derbyshire (excluding Derby City boundary) with projects that will help them achieve: Measurable reductions in carbon emissions; An increase in the scope, resilience and/or scale of their activity; An improvement in organisational performance and demonstrate a positive impact towards low carbon, energy efficiency and/or alternative energy initiatives.
Projects could be awarded between £6,000 – £20,000 funding.
A spokesman for Derby University said: “The University of Derby is partnering with Derbyshire County Council to deliver a £2 million grant fund for businesses interested in developing and investing in green energy and carbon reduction schemes and individuals looking to retrain in the field of alternative energy. The programme is both a capital and revenue fund open to organisations and individuals based in Derbyshire.
“Recent national and international legislation has committed the UK to achieving ‘net zero’ carbon by 2050, with a 100 per cent reduction of greenhouse gas emissions, compared to 1990 levels.
“In late 2019 Derbyshire County Council approved a Climate and Carbon Reduction Manifesto, supported by a £4 million budget which identified a number of key pledges as part of this agenda.”
The spokesman continued: “As businesses start to look to rebuild following the effects of the Covid-19 pandemic, these recovery plans can include activities which are green, low carbon and more sustainable and resilient.
“The Green Entrepreneurs Programme is the county council’s response to national and local low carbon and alternative energy priorities, endeavouring to ensure the county is at the cutting edge of development and technology facilitating national demonstrator initiatives.
“The scheme has been developed in collaboration with the University of Derby and will support businesses and other organisations to realise green growth through the programme’s three strands.
“We are currently experiencing a high demand for funding from the Green Entrepreneurs Programme and it may take longer to receive a funding decision. The availability of funds for all strands is now limited.”

To find out more about this funding and to apply, go to www.derby.ac.uk/business-services/funding/green-entrepreneurs-programme/

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