Finance & Services: Renewable Technologies
Enterprise Europe Network
Finance Type: Energy Efficiency, Exporting, New Product Development, Renewable Technologies, Research and Development, Rural Development, Technology,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Greater Manchester, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount: The majority of the service provided is free to North West businesses. Some services such as brokerage, may incur a nominal charge.
Expiry date: n/a
About this Finance item:
The Enterprise Europe Network (EEN) is the official European Union (EU) business support network for small and medium-sized enterprises, and is present in over 45 countries and 280 cities. The network is a collaboration between the UK Trade and Investment department and a number of North West public sector bodies.
Business Finance North West
Finance Type: Business Expansion, Capital Investment, Energy Efficiency, Environmental, New Business Start Up, New Product Development, Plant and Equipment, Property Improvement, Renewable Technologies, Technology,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Greater Manchester, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount: Loans are provided from £3,000 to £50,000
Expiry date: n/a
About this Finance item:
Business Finance NorthWest is the finance arm of Bolton Business Ventures Ltd and specialises in providing finance for business start-ups and for growing businesses looking to develop to the next level, or simply looking to stabilise their situation.
Feed in Tariffs
Finance Type: Energy Efficiency, Environmental, Renewable Technologies, Technology,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount: Up to 41.3p/kWh in income can be obtained, depending on the type and size of the system used to generate renewable energy. Plus a minimum of an additional 3p/kWh when you export any surplus back to the grid. Larger systems (over 30kWp) may be of interest to energy companies wishing to 'buy' surplus electricity through a Power Purchase Agreement (PPA). Through PPAs, prices nearer to market values are paid for exported electricity.
Expiry date: n/a
About this Finance item:
The tariffs are payments to anyone who owns a renewable electricity system, for every kilowatt hour they generate. They are applicable to households, businesses and, indeed, virtually any property owner.
Enhanced Capital Allowances – Water Saving Investments and Energy Efficient technologies
Finance Type: Capital Investment, Environmental, Property Improvement, Renewable Technologies,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount: Tax relief
Expiry date: n/a
About this Finance item:
The Enhanced Capital Allowance Scheme for Water Saving Investments is part of the government initiative to provide tax relief to businesses for investments in designated energy saving technology. The aim of the scheme is to encourage businesses to invest in water saving technologies by enabling businesses to claim 100% first year capital allowances on investments in technologies and products that encourage sustainable water use. Businesses can write off the whole cost of their investment against their taxable profits of the period during which they make the investment.
Green Infrastructures – ERDF Funded
Finance Type: Energy Efficiency, Environmental, Renewable Technologies, Training and Development,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount:
Expiry date: n/a
About this Finance item:
“Green Infrastructures” is a project supported by the European Regional Development Fund (ERDF), to provide dedicated business support to the Northwest’s SMEs within the Low Carbon Economic Goods and Services supply chain, specifically targeting those regional SMEs looking to develop, deploy and install latest retrofit technologies.
Local Energy Assessment Fund (LEAF)
Finance Type: Energy Efficiency, Environmental, Renewable Technologies,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount:
Expiry date: Friday 20th January 2012
About this Finance item:
A new fund to support community action on energy efficiency and renewable energy, through grant funding.
Community Sustainable Energy Programme (CSEP)
Finance Type: Environmental, Renewable Technologies,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount:
Expiry date: Wednesday 29th February 2012
About this Finance item:
CSEP provides capital grants for renewable energy technologies to not-for-profit community-based organisations in England.
Business Growth Fund
Finance Type: Business Expansion, Capital Investment, Environmental, Exporting, New Product Development, Plant and Equipment, Renewable Technologies, Research and Development, Technology,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount: Investments of between £2,000,000 to £10,000,000
Expiry date: Sunday 31st March 2013
About this Finance item:
The Business Growth fund plc (BGF) is a new equity investment company set up between the banks and the government. The purpose of the organisation is to make substantial equity investments into ambitious companies who are set to create the business success stories of the coming years.
Improving Your Resource Efficiency Programme
Finance Type: Energy Efficiency, Renewable Technologies,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount:
Expiry date: Wednesday 15th May 2013
About this Finance item:
Improving Your Resource Efficiency is about saving money by using raw materials, energy, fuel, waste and water more efficiently. The programme provides a wide variety of support, advice and guidance on how you can do this.
Lancashire Innovation Network
Finance Type: New Product Development, Renewable Technologies, Technology,
Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Amount: Upto £5,000 match funded
Expiry date: Tuesday 31st December 2013
About this Finance item:
The project aims to improve business competitiveness and growth through advice and funding in order to increase innovation and the effective exploitation of technology.
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