Regeneration
Net Zero grant funding available to help Walsall businesses improve energy efficiency
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Walsall Council has launched the latest wave of grant funding available to Walsall-based businesses.
The scheme, which offers up to 50:50 matched grant funding for improvements to business premises, aims to enable SMEs to make carbon savings through increased energy and resource efficiency.
The capital grants will cover improvements such as ventilation, heating, renewable technologies and lighting, amongst others, and eligibility is assessed on a case-by-case basis.
“ We want to support local businesses to overcome financial barriers that prevent growth and this latest wave of funding is a great way to support businesses to make long-term improvements to save money and operate more efficiently. Not only that, but supporting businesses to reduce their carbon footprint will help us towards our goal of making Walsall Net Zero by 2050 “
Funding available varies depending on the business, there is £2.5k - £7.5k available for new business start-ups and £5k to £20k for established SMEs.
The capital grants will cover energy/resource efficiency improvements to business premises including, but not limited to: Ventilation (fans, distribution, destratification fans), Heating (replacement boilers, burners, heat pumps), Renewable technologies, Lighting (LED, controls, sensors), Refrigeration, Compressors, Insulation, Recycling & Waste (compactors, balers & crushers), Water management.
This project has received £264,357 from the UK Government through the UK Shared Prosperity Fund.
Businesses interested in finding out more should contact business@walsall.gov.uk
ENDS
The UK Shared Prosperity Fund is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025. 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 https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus
