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.
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.
To find out more please contact Sarah Dennis on 07889 881459 or email Sarah.Dennis@thekeyfund.co.uk
Delivery Partners:
Big Issue Invest, Charity Bank, Coop and Community Finance, Resonance, GMCVO, The Architectural Heritage Fund and Key Fund.
Funded by Access, Power to Change, Better Society Capital and Barrow Cadbury Trust.
Good Finance have launched a tool for any charity, social enterprise or community organisation who are currently exploring energy retrofit for their building. The tool is designed to empower social enterprises and charities in making informed decisions when selecting providers for retrofitting energy efficiency measures.
You can find the tool here: The Procurement Pathway for Energy Retrofit | Good Finance