Deadline: 19-Jan-24
Submissions are now open for the Net Zero grants to help businesses and organisations committed to decarbonisation by supporting investment to reducing their greenhouse emissions (CO2e).
Funding Information
- Minimum grant value of £2,500 so the minimum total project value is £5,000 as grants require at least 50% match funding.
- The expected grant average for this scheme is £25,000, with a total project value of £50,000, although applicants can apply for up to a maximum grant value of £200,000.
What they can fund?
This list is not exhaustive, but examples include:
- Renewable energy generation infrastructure as part of a wider location based CO2e savings project.
- Energy generated must primarily be for use on site.
- Energy storage as part of a wider location based CO2e savings project.
- e.g in conjunction with renewable energy generation and increased efficiency.
- Fabric energy efficiency measures e.g. insulation.
- Where appropriate, applicants should consider whether fabric energy efficiency measures may be used before the installation of low carbon heating or energy generation measures.
- Low carbon heating measures.
- EV charging infrastructure for business use only vehicles (e.g. delivery vehicles, customer use).
What they can’t fund?
- Activity to reduce CO2e associated with new business activity.
- Carbon offsetting.
- Installation of renewable energy generation infrastructure for commercial gain, such as a solar farm, or to reduce energy bills only.
- Stand-alone energy storage or energy storage capacity simply to take advantage of a lower overnight tariff.
- Fossil fuel heating measures.
- Wages or salaries.
- New for old or replacement goods and services.
- Projects that have already started, i.e. financial or contractual commitments have already been made.
Criteria
- You must read and answer YES to these questions first before applying:
- Do you have or are you willing to commit to producing a decarbonisation plan for your organisation?
- Applicants invited to full application will have access to support to complete a decarbonisation plan.
- Is your business or organisation a legal trading entity?
- e.g. limited company, sole trader, partnership or CIC?
- Do you have a dedicated bank account?
- Can you provide your latest full set of business accounts?
- Is your business and/or project located in Cornwall or the Isles of Scilly?
- Will your proposed activity/project be completed before 31st December 2024?
- Does your enterprise currently pay the Real Living Wage or is prepared to commit to paying by 31st December 2024?
- Successful grants are paid in arrears. Can you cash flow your project costs before a claim is made?
- Can your business or organisation provide at least 50% match funding for the project?
- Do you have or are you willing to commit to producing a decarbonisation plan for your organisation?
For more information, visit Cornwall Council.