Businesses in South Yorkshire will benefit from a £3.4million investment to help them reduce their carbon emissions, improve resilience, and protect jobs.
Running until March 2025, the project will provide support to 260 small and medium sized businesses (SMEs) in Sheffield, Barnsley, Doncaster and Rotherham to help them understand the opportunities available to reduce their carbon footprint.
Businesses will benefit from a free energy audit to identify potential energy saving improvements such as low-energy lighting systems or insulation. Delivered by South Yorkshire’s local authorities, the project is part funded by the South Yorkshire Mayoral Combined Authority’s Shared Prosperity Fund allocation.
Low carbon grants are also available to help businesses invest in solutions to reduce their energy consumption and costs, helping them to become more productive, resilient, and environmentally friendly.
As part of the package of support available, specialist advisors will provide comprehensive advice and support throughout the process.
The UK Shared Prosperity Fund (UKSPF) is a three-year UK Government funding stream that replaces European Structural and Investment Funds.
The South Yorkshire UKSPF allocation totals £46.2m. South Yorkshire Mayoral Combined Authority (SYMCA) will administer UKSPF for South Yorkshire’s four local authority areas.
The Fund aims to improve pride in place and increase life chances across the UK, investing in communities and place, supporting local business, and people and skills. For more information, visit GOV.UK: UK Shared Prosperity Fund: prospectus
One-to-one support from a specialist advisor
Our sustainability expert will guide you through every stage of the process. They will:
Carbon survey
You will get a free carbon survey of your business, to establish how much energy you use now and how you could save energy.
The report will identify energy saving improvements the business could invest in and provide a detailed breakdown of the carbon saving, cost, and return on investment for each, so you can decide what’s the right path to take.
Low Carbon Grants
The project includes a grant scheme through which businesses can apply for a financial contribution towards eligible costs of one or more energy-saving interventions.
To be eligible to take part in the scheme, your business must:
As part of the Low Carbon scheme, businesses will have the opportunity to apply for funding towards eligible interventions identified in their carbon survey.
The grant will part-fund interventions, with the business making up the rest of the funding itself.
For projects costing up to £24,999, you can apply for a 50% grant contribution of £12,500.
For projects costing more than £25,000, you can apply for a grant contribution of between 10% and 50% of the project cost.
The minimum grant you can apply for is £1,500 (for a project with a total cost £3,000).
To qualify for a grant through the project:
To find out more, including whether your business is eligible for support, please contact Business Doncaster on:
Tel: 01302 735555
email: info@businessdoncaster.com
Don't miss out on our latest news, updates and events - sign up here.