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Carbon Trust launches Green Business Fund for businesses in South West England

21 April 2016

The Carbon Trust is launching a new fund providing capital for smaller businesses to replace old, power-guzzling equipment, together with expert advice which aims to boost the efficiency and productivity of businesses across England, Scotland and Wales. 

The £7m fund has been made available to SMEs on a first come-first served basis, and will offer energy saving training, cost saving assessments, implementation advice, and capital support for the installation of energy efficiency equipment. Eligible companies can apply for a capital contribution to cover up to 15% of an energy efficiency project or equipment replacement cost, up to a maximum of £10,000.

The fund can also be used to purchase a range of equipment, including energy efficient lighting, Heating, Ventilation and Air Conditioning (HVAC) and energy efficiency controls.

Hugh Jones, managing director, advisory, at the Carbon Trust says: “Our experience of working with thousands of companies across the UK indicates that year-on-year savings of 20% to 30% can be delivered through action on energy efficiency.  We’d encourage smaller companies to apply to make the most of the fund on offer in order to realise significant savings on their bottom line.”


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