Business across Scotland can now apply for funding for low carbon infrastructure projects, after the Government launches a £60m fund.
Businesses can apply for up to £100,000 of funding for projects which deliver low cost carbon heating solutions, integrated energy systems and low emission vehicle charging. They can also apply for up to 50% of the total value of a project up to a maximum of £10m under the Low Carbon Infrastructure Transition Programme (LCITP).
Roseanna Cunningham, Scottish Climate Change Secretary said:
“We have, first and foremost, a moral obligation to fight climate change. But for a nation with Scotland’s resources and skills, the transition to a more prosperous, low carbon and circular economy also presents a valuable economic opportunity. We are determined to attract, retain and develop the low carbon innovators who will shape our future.”
The LCITP has already backed 16 low carbon projects through £40m worth of funding. New projects for the £60m fund must be based in Scotland and be fully functioning by September 2021.
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