The Energy Resilience Fund is finance to enable community and social enterprises to retrofit energy generating/saving technology on community owned or managed buildings.
Fund Offer:
- Investment amount – from £10,000 to £150,000.
- Percentage grant – Up to 40% of total available as grant, where justifiable.
- Time period – Minimum Term: 12 months, Maximum Term: 7 years.
- Interest Rate – 6.5% flat.
- Arrangement Fee – 1%.
- Security – mainly unsecured.
- Energy Audit Grants available between £500 and £2,500 where these have not been completed.
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 Chris Colwell on 07515 063132 or email chris.colwell@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 – The Foundation for Social Investment
Power to Change
Better Society Capital
Barrow Cadbury Trust
Good Finance tool:
Good Finance has launched a tool to help any charity, social enterprise or community organisation to make informed decisions when selecting providers for retrofitting energy efficiency measures.
You can find the tool here: The Procurement Pathway for Energy Retrofit | Good Finance