Aims/priorities: The Energy Resilience Fund is finance to enable community and social enterprises to retrofit energy-generating/saving technology on community-owned or managed buildings, with an initial focus on stabilising or reducing energy costs.
Fund offer:
- 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.
Who can apply? 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.
Grant amount: Investment amounts from £10,000 to £150,000.
Energy Audit Grants available between £500 and £2,500 where these have not been completed.
Application process: To find out more, please contact Chris Colwell on 07515 063132 or email Chris.Colwell@thekeyfund.co.uk
Deadline: Not specified.
Contact information: Chris Colwell, 07515 063132 or email Chris.Colwell@thekeyfund.co.uk
Website: thekeyfund.co.uk/funding/community-business-fund-2/