In a bid to promote sustainability and support local businesses, Walsall Council has introduced a groundbreaking scheme offering up to 50% matched grant funding for enhancing business premises. This initiative is aimed at empowering SMEs to make significant carbon savings by improving their energy and resource efficiency.
The capital grants provided under this scheme encompass a wide range of improvements, including ventilation, heating, adoption of renewable technologies, and advanced lighting solutions, among others. Eligibility for these grants is evaluated on a case-by-case basis, ensuring tailored support for each applicant.
Councillor Adrian Andrew, Deputy Leader and Portfolio Holder for Regeneration at Walsall Council, expressed their commitment to bolstering local businesses. He stated, “We aspire to assist local businesses in overcoming financial obstacles that hinder their growth. This latest wave of funding presents a remarkable opportunity for businesses to make long-term improvements, leading to cost savings and enhanced operational efficiency. Moreover, our focus on reducing businesses’ carbon footprint aligns with our ambitious goal of achieving Walsall’s Net Zero status by 2050.”
The available funding varies depending on the nature and size of the business. Start-ups can access grants ranging from £2,500 to £7,500, while established SMEs can benefit from grants ranging between £5,000 and £20,000.
The capital grants are intended to support energy and resource efficiency enhancements for business premises. These improvements encompass various aspects, including:
- Ventilation systems (fans, distribution, destratification fans)
- Heating solutions (replacement boilers, burners, heat pumps)
- Adoption of renewable technologies
- Modernized lighting systems (LED, controls, sensors)
- Upgrades in refrigeration
- Efficient compressors
- Enhanced insulation
- Improved recycling and waste management (compactors, balers, crushers)
- Effective water management solutions
Notably, this initiative has received substantial funding from the UK Government through the UK Shared Prosperity Fund, totaling £264,357.
Businesses keen on exploring this opportunity further are encouraged to get in touch with the dedicated team at business@walsall.gov.uk.