Finance available to help co-ops and community businesses in England save on energy
We are proud to be part of the Energy Resilience Fund, a new, time limited pilot project aiming to help co-operatives, community businesses and social enterprises retrofit energy generating or energy saving technology on community owned or managed buildings
In partnership with the Key Fund, and with funding and support from the Access Foundation, Power to Change, Big Society Capital and Barrow Cadbury Trust this project hasĀ an initial focus on stabilising or reducing energy costs.
- The support available includes blended loans and grants and grants for energy audits.
- Criteria for eligible organisations include being based in England, owning their building or having a 12+ year lease, and having been declined by a bank.
Business Development Manager Tim Coomer said: “The combined effects of the climate crisis and the cost of living crisis mean that energy resilience is increasingly important to co-ops, community businesses and us all. This fund will help high energy users, working in deprived communities or with marginalised groups to future-proof their work, enabling them to continue to provide their vital services”