11 October 2022
The UK Government has set ambitious targets for achieving net zero carbon emissions by 2050, and we all have a role in helping to achieve this. The Government is currently reviewing its approach to ensure that we can meet our environmental commitments in a way which will deliver maximum economic growth and investment, driving opportunities for private investment, jobs, innovation, exports, and growth right across the UK.
We recognise that we’re undertaking this at time of considerable economic challenge, but help is available. SEMLEP’s Growth Hub is inviting SMEs in North and West Northamptonshire to apply for a Green Recovery and Innovation Grant. These are designed to help you take steps to enhance resilience and profitability, adopt new technologies, and innovate your business to help work towards achieving net zero
About the Scheme
The Green Recovery and Innovation Grant scheme offers match funding to local businesses for projects to increase innovation levels and improve the green credentials of local businesses. The grants are designed to support innovation and decarbonisation initiatives, particularly focused on projects that will create a significant, positive impact on the business’s future.
By making themselves more environmentally sustainable, businesses will be reducing energy usage and cutting costs at a time when bills are increasing.
The grants, up to a maximum of £10,000, cover a maximum of 50% of the total price of a project and are designed to create new products/services, reduce carbon emissions and help companies to create and safeguard jobs.
Funding is subject to availability and applications will be reviewed on a first come, first served basis. SEMLEP’s Growth Hub reserves the right to close the grant application period at any point, depending on the volume of grant applications received.
The deadline for applications is Monday 31 October, but we strongly recommend completing the grant application at your earliest convenience.
Information on eligibility criteria and the steps necessary to access a Green Recovery and Innovation Grant can be found here.Back