Chesterfield News

£2m Green Entrepreneurs Fund to be launched in Derbyshire

Companies in Chesterfield and Derbyshire with green aspirations can apply for a slice of a new £2m funding pot – which is set to be launched at an event delivered by East Midlands Chamber.

Derbyshire County Council will introduce its £2m Green Entrepreneurs Fund at an information session hosted by the Chamber on Thursday 17 March from 9am to 10am.

The fund, which was created in collaboration with the University of Derby as part of its Covid-19 economic strategy and climate change commitments, is intended to help SMEs to develop and invest in low-carbon energy and carbon reduction schemes alongside training.

East Midlands Chamber policy and representation manager Ian Bates said: “Since we launched our Sustainable East Midlands campaign at the tail end of last year, we’ve noticed a strong uplift in the number of businesses that are recognising the importance of joining the low-carbon agenda.

“But many of these ambitious companies will require the necessary funding to give them both the incentive and confidence to invest in green technologies.

“The Green Entrepreneurs Fund is a fantastic initiative from Derbyshire County Council in collaboration with our strategic partner, the University of Derby, and we’re very eager to help promote it to the wider business community with this launch event.”

Who is eligible for the Green Entrepreneurs Fund?

Derbyshire-based SMEs employing up to 250 staff and micro-businesses with up to 10 staff are eligible to apply for grants, which are designed to kickstart the county’s carbon reduction and alternative energy agenda, as well as boost the financial health of local businesses in the wake of the pandemic.

The capital and revenue support will help businesses reduce their carbon footprint, retrain in low-carbon skills and develop innovative solutions in low-carbon schemes.

A small number of high-quality demonstrator projects that provide community heat and power solutions will be prioritised.

The £2m scheme is funded by Derbyshire County Council’s Covid Recovery Fund and overseen by a Green Entrepreneurs Fund Programme Board featuring representatives from the council and University of Derby.

Green Entrepreneurs Fund launch event

Businesses can find out who can apply for the funding, the levels of grants available and timescales for delivery at the Chamber-run event on 17 March.

It will also include talks from Derbyshire County Council leader Councillor Barry Lewis, and Professor Kathryn Mitchell, vice-chancellor and chief executive at the University of Derby, about the work they are doing to contribute towards carbon reduction in Derbyshire. Find out more about the event here:

Josh Marsh

Destination Chesterfield Coordinator (Investment and Marketing)

Email Josh

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