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Green Grants and Funding

Wise Up brings you its latest and most up to date green grants and funding guide for businesses in the UK and the nations and regions...

The economic austerity and the Coalition Government’s commitment to reduce the public deficit mean there are fewer grants and funding available then there once were to help businesses transition to a low carbon economy. Agencies such as the Carbon Trust and WRAP have seen their budgets slashed, while the English regional development agencies, which have held the purse strings of much of the green funding at a regional level, are being dismantled. 

However, new funding schemes are coming on stream, ranging from energy efficiency loans to grants to encourage greener forms of transport. 

While a good deal of investment uncertainty exists because the green sector is still seen as risky, vulnerable to Government policy changes, there are a number of venture capital funds to tap into for innovative green projects and start-ups. 

Early-stage renewable and clean technologies, whether they apply to marine, carbon capture, smart grids or the built environment, can also seek funding via bodies such as the Technology Strategy Board and the Energy Technologies Institute.

Meanwhile, the Green Investment Bank, with £3 billion of Government funding behind it, is set to open for business in autumn 2012 subject to State Aid approval. From April, a BIS team will start supporting priority areas. Areas earmarked for initial funding include offshore wind, waste and energy efficiency. If not all directly, businesses both large and small will benefit from this important new tranche of green funding, DECC officials have said.

Our latest Green Grants & Funding Guide aims to provide businesses with the most up-to-date information on national, regional and local green grants and funding available in the UK. 



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