Green Innovation Fund
All funds must be spent before March 2023
£25k - £200k
Devon County Council’s Economy Enterprise and Skills service is launching an Expression of Interest round for a new fund looking to support clean growth projects that boost Devon’s economy and drive green innovation. The Green Innovation Fund will assist in the transition to low carbon by investing in viable and replicable ideas for clean growth that establish Devon as a leader in environmental technologies.
The Green Innovation Fund was created to help Devon Build Back Better as it recovers from the effects of Covid 19; helping to boost clean, green growth and creative solutions to environmental problems, whilst establishing Devon as a leader in the low carbon sector. Innovation is required to create new ways of working, products, or concepts to achieve economic growth and skills gains whilst meeting Carbon Net-Zero. This opportunity will identify areas of potential Green Innovation in Devon and use a challenge fund to magnify and accelerate green innovation that is viable, practical, and replicable in Devon.
The programme aims to stimulate Devon’s economic recovery whilst aligning with the vision of the (Interim) Carbon Plan. Projects that can become self-sustaining and are replicable will also be looked upon favourably. The following list contains examples of suitable projects, but it is not exhaustive:
Funding is only available for projects in Devon (excluding Plymouth and Torbay), and all applications must align with the required outcomes and timeline of the Green Innovation Fund. The funder will accept applications from limited companies, public sector organisations, registered charities, social enterprises, and sole traders with a registered business. The funder cannot support projects which intend to use the funds to make grants to other organisations. There are no thresholds regarding business or organisation size or longevity, but applicants with proven ability to deliver on similar projects will be looked on favourably, and all applicants will be subject to a Due Diligence check. This will include accounts and cash flow forecasts. Sole traders are eligible to apply as long as they are associated with a registered business.
All applicants for the Green Innovation Fund must: