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Businesses urged to apply for energy grants

Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) is calling on business to access free advice and financial support to help lower their energy costs.

SMEs can apply for GBSLEP’s ‘Energy Saving and Business Efficiency Grant’. This scheme is designed for business owners to understand how they can run their business more efficiently and save energy.

Up to £4,000 is available per grant to help businesses with funding expert advice or consultancy support to:

The grant scheme is part of GBSLEP’s wider £1.2 million Clean Growth Programme. It was launched last year to highlight how businesses can maximise on opportunities within the growing Clean Growth sector whilst also encouraging more sustainable business practices.

In addition to the grants, GBSLEPs dedicated Sustainability Hub is providing free guidance and advice to SMEs. The Hub’s dedicated team is working with businesses on a range of measures from energy efficiency initiatives to unlocking ways to go greener. This targeted support builds on national Government energy efficiency programmes that can be accessed here - https://www.gbslepgrowthhub.co.uk/sustainability-hub

Anita Bhalla, interim GBSLEP chair said: “With soaring energy costs, the ongoing Russia/ Ukraine crisis and Covid’s ongoing impact on our workforce, 2022 is yet another challenging year for our businesses. Like we did in 2020 at the start of the pandemic, GBSLEP is bolstering its business support offering and reaching out to help our local businesses.

“Schemes like the Energy Saving and Business Efficiency Grant have been developed with our partners, utilising local insight and need. GBSLEP’s unique partnership of businesses, education institutions and local government is committed to driving inclusive economic growth. This latest support is critical in strengthening the resilience of businesses in the coming weeks and months.”

Derek Bond, Confederation of British Metalforming (CBM), said: “The CBM were delighted to receive grant funding from GBSLEP to support two local member companies conduct an initial feasibility study into recovering waste process heat.

“The funding has helped both a forging and heat-treatment facility understand an innovative solution and benefits in recovering waste heat from furnaces to both reduce their energy consumption and carbon footprint.”

The Energy Saving and Business Efficiency Grant is open to SMEs with 11-249 employees and at least three years trading within the GBSLEP region. GBSLEP will cover up to 80% of the project costs, up to a maximum of £4000.

www.lcbsg.co.uk