The Marches Local Enterprise Partnership (LEP) recognises that energy provision is a critical element for unlocking future growth. Consequently, the Marches LEP Board has given approval to open a £4million call for capital energy projects.
The LEP is seeking to support projects in the Marches that are able to achieve the following key objectives, as set out in the Marches Energy Strategy:
- Smart control and mitigation of grid constraints
- Innovation in agricultural technologies
- Sufficient reliable energy supply
- Development of the supply chain in key areas of the low carbon economy
- Local renewable energy supply
- Addressing high levels of fuel poverty
The Call is for projects with a minimum grant funding requirement of £100,000, and a maximum value of £2,000,000 and a requirement for a minimum of 20% match funding.
The Call is being run as a two-stage process. Applications will initially be asked to submit a short Expression of Interest (EOI) form. Shortlisted projects will then be invited to submit a Full Business Case, for appraisal. The full business cases will need to be able to demonstrate how they meet the objectives of the Fund and that they can contribute at least 20% match funding to the project.
See the Marches LEP Energy Fund Guidance on how to submit an Expression of Interest to the Marches Energy Fund. A list of Frequently Asked Questions is also available.
If you have any further questions, please email tim.yair@nottinghamcity.gov.uk