Business Transition to Net Zero Grant

Helping reduce their carbon footprint and increase productivity

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Business Transition to Net Zero Grant 

From 1 April 2024, New Anglia LEP is transferring its functions into Norfolk and Suffolk County Councils.  Whilst LEP schemes will continue to operate as before, to ensure a smooth transition, from February there will be a temporary pause in the approval of LEP administered grants before re-commencing in April 2024.  Please note that the New Anglia Growth Hub service will continue to support businesses throughout this period and will be able to answer any questions.

Our Business Transition to Net Zero Grant is aimed at businesses in Norfolk and Suffolk with ambitions to reduce their carbon footprint and increase productivity.

Grants between £25k and £100k are available, with a maximum intervention rate of 20% of the cost of the development. To be awarded the minimum of £25k, you must show total project costs of at least £125k.

The scheme will fund capital developments, rather than LED lighting or the supply or installation of solar panels. Eligible schemes will include those which improve productivity for the business and supply chain and make use of clean and/or renewable energy production and the recycling of goods and materials.

You will be taken though a consultancy to develop a decarbonisation plan, if you don’t have one already, and these will include aspirations for energy efficiency, water efficiency, waste reduction, and a reduced impact on the natural environment.

To be eligible for grant funding, you must meet the following essential criteria:

• Employ fewer than 250 people and have a turnover of less than EUR 50m or annual balance sheet less than EUR 43m
• Be a trading enterprise and have at least two years’ worth of accounts
• Be based in Norfolk or Suffolk
• Be ready to invest or expand in the local area
• Must not have been a company ‘in difficulty’ on 31 December 2019
• Must not be subject to pending striking off or insolvency action
• Your business does not fall into one of the following sectors: primary agriculture (including processing and marketing of agricultural products), horticulture, fisheries, aquaculture, forestry, coal, steel, shipbuilding, care, education, retail, hospitality or accommodation.

The grant is for capital developments, the following are examples of what we cannot fund:
• Core running or staff costs (revenue costs)
• Solar panel supply and/or installations
• Premises costs
• LED lighting
• Vehicles (energy efficient or fossil fuel)
• Intangible Assets – IP, Patents, Trademarks, Trade Names
• Any costs incurred before a grant offer is made
• Items not directly needed to deliver the proposed work
• The replacement of items and consumables including laptops and software
• Website creation
• WMS/CRM platforms or equivalent
• Land purchase
• VAT, unless this cannot be recovered
• Any projects that can be funded from other LEP grant schemes
• Repeat applications, including from linked companies.

To apply, contact New Anglia Growth Hub via https://www.newangliagrowthhub.co.uk/contact-us/

Interested in this grant? get in touch

HexCam case study

“Working with New Anglia Growth Hub was so easy and quick. The funding has brought our investment decision forward.”

-Mel Maritz, HexCam

other grants available

New Anglia Growth Hub

Road to Net Zero grants

Growth Through Innovation Fund

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