FUNDING TO HELP REDUCE ENVIRONMENTAL IMPACTEnergy Efficiency Financing SchemeThe £550 million Energy Efficiency Financing scheme was launched by Siemens Financial Services and the Carbon Trust in April 2011. The scheme allows businesses to invest in energy efficient technology and to benefit from affordable payments that can be offset against the energy savings made from using the equipment. Financing from Siemens Financial Services can be arranged from £1000, and there are potentially no upper limits.
For more information click here.Plug-in Car GrantBusinesses can benefit from the Government’s £5000 ultra-low emission vehicle grant. They will receive a grant of 25 per cent towards the cost of an electric or hybrid vehicle, up to a maximum of £5,000.
The Plug-In Car Grant went live on the January 1 2011 when nine cars were give eligibility to receive the grant. As of June 30 2011, 680 cars had been ordered through the Plug-in Car Grant.
For more information about the grant and the vehicles eligible click here.Mode Shift Revenue Support SchemeOperating until 2015 through the Department for Transport, the Scottish Government and the Welsh Assembly Government, the Mode Shift Revenue Support scheme (MSRS) assists companies with the operating costs associated with running rail or inland water freight transport instead of road, where rail or inland waterway transport is more expensive. The aim of the scheme is to shift the mode of transport for freight away from the road, thereby reducing carbon emissions.
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Marco Polo II
Launched in 2003, the Marco Polo programme co-funds projects that ease traffic congestion by moving freight from road to more environmentally friendly modes, such as short sea shipping, rail and inland waterways. The €450 million European programme is aimed at industry and has annual calls in July. Projects must involve a cross-border route.
For more information click here.FUNDING FOR GREEN PRODUCTS AND SERVICESEco-Innovation Part of the European Competitiveness and Innovation Programme (CIP), the £200 million Eco-Innovation programme supports eco-innovative products and services in Europe and helps SMEs overcome barriers that may hamper their commercial success. Calls are held every May.
For more information click here.
FUNDING FOR WASTE MANAGEMENT
Waste Prevention Loan Fund
A £1 million fund managed by WRAP (Waste Resources Action Programme) to support businesses in England looking to introduce green business models and processes that make more efficient use of material resources.
Businesses of any size are able to apply for loans through the fund, which launched in July 2011. Initially, though, it will target retail businesses that sell electrical and electronic products, clothing and furniture.
The fund will provide loans of between £20,000 and £100,000.
For more information click here. Mixed Plastics Loan FundThe WRAP Mixed Plastics Loan Fund (MPLF) is a limited fund of up to £2 million to address the reprocessing capacity gap that currently exists for mixed plastics within England. Loans range from £50,000 to £1 million and can provide asset backed loans for plant, machinery and/or groundworks.
For more information click here.
VENTURE CAPITAL FUNDINGCarbon Trust Venture CapitalCarbon Trust Investments Limited is a wholly owned subsidiary of the Carbon Trust and makes early stage venture capital and seed investments to accelerate the commercialisation of clean energy businesses in the UK. The £46 million fund is leveraged with other private funding.
For more information click here.
Early-Stage Technology InvestmentTTP Ventures provides investment and support for IT, medtech and clean technology companies. TTP supports The Carbon Trust Entrepreneur Fast Track and helps to develop new businesses in the UK low carbon sector.
For more information click here.Environmental Technologies FundA Europe-wide venture capital fund that can invest in high growth potential companies that operate in the environmental and low carbon technology sectors, often supporting companies through more than one investment round, committing €5 million to €15 million overall.
For more information click here. The Foresight GroupThis Foresight Group provides capital for early stage and developing technology businesses and runs the Foresight Environmental Fund and the Foresight Solar Fund, invests up to £5 million.
For more information click here. Good EnergiesA global investor in clean energy project development, technology and related services, primarily focusing on two phases of investment:
• development equity team provides capital to support developers of projects, across all clean technologies
• a venture capital team makes early stage investments on a global basis across the green technology sector.
For more information click here.Low Carbon AcceleratorAims to provide the capital to accelerate the growth of businesses with products and services that will deliver immediate reductions in carbon dioxide emissions. Low Carbon Accelerator's investment focus is on clean energy, cleaner fuels, energy efficiency and building technologies. It focuses predominantly on businesses in the UK, Europe and North America.
For more information click here. Oxford Capital Partners LimitedOxford Capital invests and partners with businesses across three super-growth sectors –sustainability, healthcare, and communications. It specialises in assisting companies to achieve scale internationally and to build value fast. Minimum investment is £250,000 and maximum is £5 million.
For more information click here.The Virgin Green FundAn independent private equity firm investing growth capital in the renewable energy and resource efficiency sectors in North America and Europe, deploying growth capital in product, equipment and service companies with proven commercial success.
For more information click here.The Bridges Sustainable Property FundThe Bridges Sustainable Property Fund is an entrepreneurial property fund that invests in properties in regeneration areas and environmentally sustainable buildings. It seeks to make property investments that have the potential to make strong financial returns as well as delivering social and environmental impact.
For more information click here.