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UK Shared Prosperity Fund

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2. Green Business Grant

The Green Business Grant has been put together to help fund businesses operating 100% in Teignbridge with specialist advice and or equipment to enable them to reduce energy costs and emissions within the workplace. 

This project is funded by the UK Government through the UK Shared Prosperity Fund (UKSPF). 

Phase 1

The first phase of the Green Business Grant has now closed.

Any applicant who applied in Phase One but missed out because all funds are spent, will automatically be placed in order of application into Phase Two assessments. However, applicant/s may be required to undertake further work and seek additional information, such as providing updated quotations.

Phase 2

We anticipate that phase 2 will open in June 2023, subject to confirmation of additional Government funding.

For notification of the launch of Phase 2 of the Green Business Grant

We are investigating opportunities for carbon and energy assessments to support applications and for more bespoke projects to be funded in phase 2. 

What do I need to know to apply?

Phase 2 of the fund will be open to all businesses located within the Teignbridge district area.

While funding decisions will be made on a first come, first served principle for eligible
projects, this will be based upon receipt of a completed application with all sections and supporting information supplied.

Applications for retrospective works are ineligible. If the works have already begun or been completed, you are not eligible to apply for this fund.

Schemes that will reduce energy bills and carbon reduction will be considered. Equipment could include;

  • LED Lighting
  • Low Energy Heating Systems
  • Heat pumps
  • Solar/Photovoltaic Panels
  • Geothermal Energy
  • Hydro Power
  • Double/Triple glazed windows and doors
  • Thermal Insulations

Application Guidance

Please read these guidance notes and terms and conditions in full, along with the Data Protection Statement and GDPR information and confirm by ticking the relevant boxes.

  • Businesses are encouraged to submit joint bids for shared or adjoining premises e.g. offices sharing a single building or businesses operating as part of a single unit.
  • Applicants can operate as a commercial business, community organisation, charity or social enterprise. Businesses and organisations that are in administration, are insolvent or where a striking-off notice has been made are not eligible for funding under this scheme.
  • We will require applicants to inform us as to the number of employees within the applicant business, either full or part time. This will in no way affect the determination of the application, it is merely for monitoring purposes.
  • Holiday lets and businesses operating from residential properties will not be eligible.

Applicant/s must:

  • be UK taxpayers and provide their UTR numbers. Applicants who do not pay UK tax will not be eligible.
  • if you trade as a Limited Company be required to supply their company registration number (CRN). 
  • if registered for VAT must supply their VAT Number. 

Grant awards and intervention rate will be based on the net cost of goods and/or services. Applicants will be responsible for any VAT liability.

We suggest that applicant/s take advice from HMRC as to how to declare this grant amount in your next tax return.

  • Applicants can either be owners, occupiers or tenants of a commercial building. Any type of business will be eligible.
  • Tenants must have at least 3 years remaining on their lease and receive the permission of their landlord, in writing, if they wish to make a material change to the fabric of the building. Landlords can also apply directly to us for their premise/s (although only one application per building from either the landlord or tenant will be accepted).
  • Where an applicant owns more than one property/business within Teignbridge they will be eligible to bid for any/all premises within their ownership. If the multiple buildings owned by a single Landlord are all let to different businesses, each business can apply under the fund. 
  • If you have applied for planning permission, please tick the relevant box. Where planning permission is required but has not yet been approved, please reapply once consent has been granted.
  • Applicants must provide photographic evidence of the related area where works are proposed. Successful applicants will be asked to supply photographs following completion of the works.
  • If you are able to give a planned % reduction in energy usage, please include this e.g. ‘I wish to reduce heat loss to the office and workshop and reduce condensation within the building which affects the quality of the product I make. This will make the premises warmer and cut my heating bills. I plan to reduce my energy usage by 10% through these actions.’
  • We will require detail of how many kWh of energy your business has consumed in the most recent 12 months for which you have invoices/bills.
  • It is a Central Government requirement that we monitor the effectiveness of the grant spend over the next three years we/our representatives will carry this out. We will ask you whether you have saved on energy costs and what additional plans you may have to continue decarbonising your operation.
  • We also reserve the right to undertake site visits to the applicant/s premises.
  • Applicants are encouraged to source any advice or equipment locally where possible. Quote/s must be supplied from businesses that are independent of your organisation. All quote/s must be dated within the last 3 months and be on a ‘like for like’ basis. If you are proposing not to use the cheapest quote, can you please explain your rationale.
  • The intervention rate is 80% net for commercial applicants, successful applicants will be required to pay the remaining 20% from their own funds. Charities and Community Organisations such as CIC’s making applications will receive 100% net of the grant requested.
  • Applicants (and the Local Authority) must consider whether the UKSPF will be used to provide a subsidy and if so whether that subsidy will contravene the UK’s obligations on subsidy control, or the Subsidy Control Act 2022 (previously State Aid (Withdrawn)), e.g. where an organisation has been in receipt of a benefit (including EU and UK Grant payments) which would exceed £315,000 in total, across the last 3 years.
  • Successful applicants can contribute as much of their own funds to the desired outcome/equipment costs as they wish without limit.

Start the journey

Start

More info about the journey

Phase 2 of the Green Business Grant will open in June 2023, subject to confirmation of additional Government Funding

  • To sign in or register for a Teignbridge MyAccount
  • Your Unique Tax Reference Number 
  • Company Registration Number (CRN) 
  • Your Formal Accounts or Latest Tax Return and VAT Registration Number
  • Photograph(s) of the relevant area of your premises pre-works
  • Your most recent recent energy bill for the business premises that will be adapted
  • Quotes for your purchase: 
      • Up to £5k - one quote
      • £5k - £10k - two quotes
      • Above £10k - three quotes
  • A bank account statement showing recent business transactions, your business name, account number and sort code

You may also be asked to upload the following:

  • A letter of permission from your Landlord if you do not own your business premises.
  • Your Planning Decision Notice if planning permission is required and has been decided.

NB - Applications may be saved part way through completion, but all applicants will need to make sure they have a Teignbridge MyAccount prior to starting the application process.

Please note: We reserve the right to amend grant funding terms and conditions as the scheme progresses.

  • Successful applications - a formal Grant Funding Agreement will be issued electronically. This must be signed and uploaded/returned to TDC, within forty-eight hours of receipt to secure the award allocation.
  • The Grant Fund Agreement is issued on approval and is signed and returned to us by uploading to your MyAccount. 
  • Evidence of works completed is uploaded to MyAccount
  • Reimbursement payment is sent in arrears to applicants supplied bank account

All works must be completed by the agreed timeframe to enable full reimbursement of grant payment award.

All payments will be made in arrears to the applicant. We will require a copy of the relevant supplier invoice/s, proof of payment and post works photographs which must be submitted to us within the agreed timeframe to enable reimbursement to be made.

If the applicant does not submit all the necessary evidence by the agreed date, the funding award monies may be at risk (this is due to Central Government spend directives).