A new £1.5million scheme to help businesses improve their energy efficiency and drive down carbon emissions has been launched by the Marches Local Enterprise Partnership.
The Marches Energy Grant is open to all businesses in the region and offers a free energy efficiency audit and grants of up to £20,000 towards more energy efficient equipment to cut power bills and emissions.
The grant is part of a £4million package of measures introduced by the Marches LEP to safeguard the region’s energy security, make sure power is being used as efficiently as possible and develop a flourishing and sustainable economy.
The grant would form up to a 40 per cent contribution to the overall cost of energy improvement work at any company which successfully applied for it.
The LEP brings together the business community, the public sector and academia to drive economic growth across Herefordshire, Shropshire and Telford & Wrekin, and has invested £196million in the region over the last decade.
Rachel Laver, Marches LEP chief executive, said the Marches Energy Grant would offer vital financial support to businesses of all shapes and sizes in every corner of Herefordshire, Shropshire and Telford & Wrekin at a time when it was most needed: