The Stockport Sustainable Business Challenge, a grant competition to fund the installation of technologies that will increase resource efficiency in Stockport SMEs, closes on 30 April.
Stockport-based SMEs are being invited to compete for a share of £50,000 to help fund projects that involve the use of new technology to reduce the use of energy, materials, water or waste in their business operations and in turn deliver both cost savings and carbon savings.
Successful applicants will receive a grant of between £3,000 and £10,000 to cover up to 50 per cent of the costs of purchasing and installing the technology.
‘Supporting local companies’
Wayne Jones, chair of Stockport Economic Alliance, said: “We are running our businesses at a time when resource costs are at a premium and we need to pay particular attention to these, seeking innovative ways in which they can be reduced.
“Through the Sustainable Business Challenge we are looking to support a range of projects, big and small, and I would encourage all Stockport companies to see if they can benefit.”
Eligible projects may include, but are not limited to:
- Energy efficient lighting
- Heating, ventilation & air conditioning systems
- Energy management
- Manufacturing technology to improve process efficiency or reduce raw materials
- Equipment to reduce or reuse packaging material and waste
- Building insulation
- Rainwater harvesting
- Variable speed drives
- Voltage optimisation
- Waste heat electricity generation
- Heat recovery
- Solvent recovery
The Challenge is seeking projects that can be implemented by 30 September 2015 and are able to evidence a strong return on the grant investment, including annual cost and carbon savings to the business.
Applications must be submitted by 4pm on Thursday 30 April 2015 to be considered. For further information, click here or call Stockport Council on 0161 218 1582.