Local businesses are being asked to come forward with projects to drive green growth in Devon’s economy
Devon County Council is launching its Green Innovation Fund as part of its economic recovery programme and it is initially asking for expressions of interest before Monday 8 November.
The £900,000 funding pot has been set up to support clean growth in Devon. It is open to ideas from across a wide variety of business sectors, including but not limited to, agriculture, marine sciences, retail, renewable energy, manufacturing and hydrogen technologies, electric vehicles and tourism.
Grants from around £25,000 to £200,000 are available for the most innovative projects which align with the Devon Climate Plan and can demonstrate economic benefits, generating new jobs, apprenticeships, training opportunities, or business creation as well as measurable environmental benefits, such as carbon savings.
Technology must be viable and replicable, and ideally projects would be able to be scaled up after the County Council funding ends, attracting additional funding sources and continuing to contribute to the growth of the Devon economy.
To be eligible for funding, applicants must be based in the Devon County Council area (excluding Plymouth and Torbay). Applications can be accepted from limited companies, public sector organisations, charities, social enterprises, and sole traders with a registered business. Projects with match funding or levering additional funds will be looked upon favourably and all funds must be spent before March 2023.
For details of how to apply please see www.devon.gov.uk/economy/funding-and-research/green-innovation-fund. All “Expression of Interest” submissions must be sent to economygrants@devon.gov.uk by 9am on Monday 8 November. Those who are successful will be invited to submit a full application by Tuesday 4 January.