New £6.5m low carbon growth fund launched

D2N2 Local Enterprise Partnership has launched a new £6.5 million Low Carbon Growth Fund to help support the region’s drive to towards a low carbon economy across all sectors.

Small and medium-sized businesses, public sector organisations and community groups developing low carbon projects across in Derby and Derbyshire are being urged to apply for the investment, with applications now being accepted.

The fund aims to create a pipeline of investable propositions, which can be match funded to help the region meet challenges around high carbon dioxide output and unclean industrial practices.

Elizabeth Fagan CBE, chair of the D2N2 LEP, said: “The recent COP 26 UN Climate Change Conference in Glasgow highlighted the urgent need to take action now.

“The launch of our Low Carbon Growth Fund signals our region’s ongoing commitment to reduce carbon emissions and support the growth of our green economy.”

Businesses interested in applying should please click here.