Friday, October 11, 2024

Low Carbon Challenge Fund launched by Clay Cross Town Deal

Businesses within the Clay Cross Town Deal boundary can now apply for grant funding to contribute towards low-carbon initiatives.

Grant funding is available from an allocation of £645,000, out of the £24.1m Town Deal fund. The Government announced that Clay Cross would receive £24.1m of funding to deliver a number of projects contained in the Clay Cross Town Investment Plan.

“We work hard to support our businesses to help them thrive and grow whilst also helping them be equipped to reduce their carbon emissions,” Cllr Jayne Barry, North East Derbyshire District Council portfolio holder for Growth and Assets said.

“Supporting them to be more environmentally efficient is the purpose of this initiative and these grants will not only help them achieve this but ensure they are compliant and future-proof in what is an exciting time for Clay Cross with the Town deal investments.”

The application begins with submitting an Expression of Interest form, followed by a more detailed application once invited by administrators if eligibility criteria are met.

Eligible activities could include:

  • Improved insulation, lighting, heating and controls
  • Efficient motors, compressors, equipment
  • Vehicle chargers
  • Renewable energy (PV panels, ASHPs, GSHPs etc.)
  • Resource efficiency
  • Waste reduction and recycling
  • Improved metering and low-cost Building Management Systems
  • Emerging technological solutions

Applicants are expected to contribute at least 25% of the cost of their investments, and all financial activity for the projects should be completed by 31 December 2024.

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