Grants available to help drive low carbon projects

Grants available to help drive low carbon projects
Save this page for reference and share it with your colleagues

Published: December 17th, 2021

Companies across Shropshire are being urged to take advantage of a special grant scheme to help drive the green revolution in the county. 

The Low Carbon Opportunities Programme (Locop) can provide grants of up to 40 per cent of the total costs of innovative projects designed to reduce carbon emissions. 

The maximum grant under the scheme – which is only available in the Shropshire authority area – is £50,000. 

To qualify, businesses must be based in Shropshire, employ fewer than 250 employees and have a turnover of less than 50 million Euros per annum or a balance sheet of less than 43 million Euros. 

The grants can help innovative companies develop and commercialise a low carbon technology, product or service that helps others to be green. 

Grants are available for projects such as:  

  • Low carbon product, process or service development  
  • Commercialisation or implementation costs  
  • Market research and assessment  
  • IPR protection and accreditation  
  • Prototyping, demonstration or testing of new products  
  • Manufacturing scale up or market rollout  
  • Plant, equipment and machinery  

The programme, which is supported by the Marches Growth Hub, is receiving up to £2,015,444 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014–2020. 

Some industries such as primary agriculture and retail are not eligible. Other activities excluded are social welfare and education facilities, banking and insurance.   

Find out more at www.business-central.co.uk/LOCOP or email [email protected] or call 01905 677888   

Share this content:

Contact us about Grants available to help drive low carbon projects

  • You won't receive lots of emails, and you can unsubscribe at any time.
  • By submitting my details, I consent for Marches Growth Hub to process my data for the purposes described in the Privacy Policy.

phone

Herefordshire

01432 383343

Shropshire

01743 250526

Telford & Wrekin

01952 567589

or email us direct

[email protected]