Green funding for businesses: funding avenues
Green funding for businesses: Funding Avenues
10 February 2022
Specialised databases:
Databases for finding environmental business grants and loans include:
Grant Finder – environmental grants
Money – small and medium business loans
NerdWallet – compare business loans
Uswitch – compare business loans
Green grants & loans aimed at UK-based SMEs
GOV.UK green business funding page provides an up-to-date list of grants being offered by the UK Government to support businesses in their sustainability journey.
GOV.SCOT business support page provides an up-to-date database of funding opportunities for businesses in Scotland.
GOV.UK Boiler Upgrade Scheme is offered to businesses and homeowners in England and Wales looking to replace fossil fuel heating systems with a heat pump or biomass boiler.
Business Energy Scotland is another initiative run by the Scottish government to support businesses ,with loans of up to £100k and cashback grants of up to £30k available to help you pay for energy and carbon-saving upgrades.
Used Electric Vehicle Loan for Business provides Scottish businesses of all sizes with interest-free loans to go towards the purchase of electric vehicles.
Business Energy Scotland offers Scottish SMEs free consulting and support, as well as access to loans and grants to help you to save energy and money while developing a greener business.
Funding Scotland is another great resource for finding funding opportunities in Scotland.
Scottish Enterprise Co-Investment and Venture funds supports start-ups, early-stage and growing companies with loans and investments.
Clean Growth Fund offers investment capital to early-stage companies looking to offer low carbon innovation.
Green Economy allows businesses to buy and sell low carbon technologies and green solutions through their directory of installers, equipment suppliers and solution providers.
UK Research and Innovation has a list of funders offering grants to businesses and researchers across sectors and scales.
Bank loans, for example:
Lloyds Bank has a Clean Growth Financing Initiative
HSBC Green SME Fund
Natwest Green Loans
Barclays Green Trade Loans
Triodos Bank business lending scheme
If you would like to learn more about securing green funding for your business, check out the rest of our blogs in this green funding series: Consider your options and Finding and Securing Funding.
If you would have any questions, please get in touch at info@esgmark.co.uk, we would be delighted to help.