Energy Resilience Fund

Do you want to reduce the energy costs of a community owned or managed building in Greater Manchester?
Would you like to reduce your carbon footprint by making your building more environmentally friendly?
Would you be interested in taking on a loan to install energy generating/saving technology? Energy resilience fund blended finance (40% grant & 60% loan) to enable social businesses in greater manchester to reduce their carbon footprint and energy costs. www.gmcvo.org.uk/energy-resilience-fund

GMCVO have funding available to support trading voluntary and community organisations and social enterprises which will provide blended finance (loan and grant combined) to enable you to retrofit energy generating/saving technology on community owned or managed buildings. The initial focus is to stabilise or reduce energy costs and if possible, to target high energy users working in deprived communities or with marginalised groups.

The investment fund is for incorporated social enterprises or trading charities with community owned or managed buildings who wants to reduce their carbon footprint and reduce their energy costs.

The offer:

  • Loans between £10,000 - £150,000
  • 40% of the total funding offered as a grant (for example 60% loan, 40% grant)
  • Loan term: 12 months – 7 years
  • Interest rate: 6.5% flat rate
  • Repayments based on the savings made on bills by installing energy measures

Find out more here