Scheme details
Area: Newcastle upon Tyne, Sunderland, County Durham, Gateshead, South Tyneside, North Tyneside, Northumberland
Categories: Finance & funding, Grant
Business stage: Trading business
Key contact: Sarah Dennis
Telephone: 07889881459
Contact email: Sarah.Dennis@thekeyfund.co.uk
Page last updated: 15 August 2024
The Energy Resilience Fund is an initiative assisting community businesses in retrofitting their buildings with energy-saving measures.
The programme is funded by Power to Change and delivered by Key Fund with investment amounts ranging from £10,000 to £150,000.
What can you apply for?
- Investment amounts from £10,000 to £150,000.
- Up to 40% of total available as grant, where justifiable to support cost stabilisation or reduction.
- Energy Audit Grants available between £500 and £2,500 where these have not been completed.
- Minimum Term 12 months, Maximum Term 7 years.
- Interest Rate – 6.5% flat.
- Arrangement Fee – 1%.
- Security – mainly unsecured
Eligibility
- Own your building or have a significant lease (12 years or more).
- Been declined by a bank.
- Be a social enterprise.
- Have clear social aims and objectives.
- Based in England.
Apply
You can apply here via the Key Fund website.