UK Shared Prosperity Fund Low Carbon Project

This project provides dedicated support and a source of funding for eligible businesses to reduce energy consumption and carbon emissions.

It is now open for enquiries. Businesses will be accepted onto the project on a first come, first served basis until capacity is reached.

Through the Low Carbon Project, you could:

  • reduce your energy costs
  • make your business more competitive, resilient and productive
  • potentially safeguard and create jobs through improved profitability and reinvestment of savings
  • become a more environmentally friendly business by reducing carbon emissions

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

Sheffield City Council is the accountable body for the South Yorkshire region.

About the UK Shared Prosperity Fund

The UK Shared Prosperity Fund (UKSPF) is a three-year UK Government funding stream that replaces European Structural and Investment Funds.

The South Yorkshire UKSPF allocation totals £46.2m. South Yorkshire Mayoral Combined Authority (SYMCA) will administer UKSPF for South Yorkshire’s four local authority areas.

The Fund aims to improve pride in place and increase life chances across the UK, investing in communities and place, supporting local business, and people and skills. For more information, visit GOV.UK: UK Shared Prosperity Fund: prospectus

What eligible businesses will receive

One-to-one support from a specialist advisor

Our sustainability expert will guide you through every stage of the process. They will:

  • help you understand your energy usage and identify where you could save energy
  • refer you for an energy audit or prepare a bespoke energy recommendations report
  • support you to develop and deliver a plan for your energy saving improvements
  • support you to understand your options for funding improvements, including whether you could be eligible to apply for a Low Carbon Grant
  • signpost you to other sources of support available to help you reduce your carbon footprint

Carbon survey

You will get a free carbon survey of your business, to establish how much energy you use now and how you could save energy.

The report will identify energy saving improvements the business could invest in and provide a detailed breakdown of the carbon saving, cost, and return on investment for each, so you can decide what’s the right path to take.

Low Carbon Grants

The project includes a grant scheme through which businesses can apply for a financial contribution towards eligible costs of one or more energy-saving interventions.

Eligibility

To be eligible to take part in the scheme, your business must:

  • be a Small or Medium Sized Enterprise (SME), meaning 250 employees or fewer with a turnover of less than £36 million
  • have commercial premises in Sheffield (the scheme cannot support home-based businesses)
  • not have received more than £315,000 Minimal Financial Assistance subsidy over the last 3 years (contact us to discuss this if you’re not sure)
  • be able to provide 12 months’ energy bills to establish baseline energy use (or however many months you’ve been in your premises, if less than 12 months)

About the grants

As part of the Low Carbon scheme, businesses will have the opportunity to apply for funding towards eligible interventions identified in their carbon survey.

The grant will part-fund interventions, with the business making up the rest of the funding itself.

For projects costing up to £24,999, you can apply for a 50% grant contribution of £12,500.

For projects costing more than £25,000, you can apply for a grant contribution of between 10% and 50% of the project cost.

The minimum grant you can apply for is £1,500 (for a project with a total cost £3,000).

Eligibility for grants

To qualify for a grant through the project:

  • the measure must be identified in a carbon survey (recipients of Energy Audit reports delivered through the European Regional Development Fund (ERDF) funded Low Carbon Business Support project are eligible to apply if you did not receive a grant through that project)
  • the investment you are applying for funding towards must be a capital project with a return on investment of more than one year – we can’t fund working capital or operational costs
  • the interventions must deliver a net carbon reduction
  • your business must not have previously received an ERDF Low Carbon Grant
  • the investment must be set to complete by December 2024
  • tenants must have the permission of their landlord to make changes to the building fabric
  • we cannot fund electric vehicles

Find out if you could be eligible

To find out more including whether you qualify for support, please contact Business Sheffield on 0114 224 5000 or at lowcarbonproject@sheffield.gov.uk.

The criteria above are for Sheffield only. Eligibility criteria may differ slightly between local authorities.

For businesses based elsewhere in South Yorkshire

The UKSPF Low Carbon Project is South Yorkshire wide. If your business is based in Barnsley, Doncaster or Rotherham rather than Sheffield, please contact your local authority’s business support team for assistance:

Business Doncaster

01302 735555 

info@businessdoncaster.com

Enterprising Barnsley

investment@barnsley.gov.uk

Rotherham Investment and Development Office

01709 331111

info@rotherham.gov.uk

Rotherham’s programme will open later in the summer, subject to Cabinet approval.

 

Case studies

See how businesses across South Yorkshire benefited from a very similar project run in 2022.

Businesses of all types have been able to improve their carbon footprint and reduce their energy use through the programme.

Preformed Windings

Business: Preformed Windings, Rotherham. Manufacturers of high-voltage coils; trusted partner to the largest EOM; supplier of choice for emergency repairs.

Main source of energy use: electricity for lighting and temperature control.

Intervention supported: cold store insulation and replacement of lighting with LED lamps.

Impact: Improved working conditions; longer shelf life for materials.

“I was initially attracted to the programme by the grant available, but I also found the audit process thorough and helpful. The quality of support was excellent: the auditor was friendly and patient, and the report detailed the costs of possible changes, the savings that could be made and the payback time of each suggestion. I’m confident that our energy costs now will be less than before we engaged with the programme.” – David Beresford, Technical Manager

Ashton Seals

Business: Ashton Seals, Barnsley.

Established leader in the sealing industry, supplying a wide range of industries from aerospace and automotive to pharmaceutical and renewables.

Intervention supported: LED lighting and new heating systems throughout premises.

Impact: Reduced electricity bills despite increase in prices; improved working conditions; better environment for welcoming high-profile customers.

“The energy efficiency audit report was fantastic; it had lots of advice on what we could do differently. It was also good to be able to see what would result in the biggest carbon reduction for us. We wanted to improve the lighting for a number of years but due to the high investment this has been prohibitive. Thanks to the grant funding we have now been able to implement this initiative, and we look forward to seeing the benefits for many years to come.” – Zoe Fearnley, Managing Director

Cupola Contemporary Art

Business: Cupola Contemporary Art, Sheffield.

A gallery of contemporary art and fine craft, showcasing the work of local, national and international artists.

Largest source of energy use: Lighting and heating.

Intervention supported: Lowered ceilings, insulation, motion sensor lighting, boiler upgrade.

Impact: Improved customer experience; demonstrable commitment to environmental best practice; improved appearance of gallery; reducing energy usage; increased knowledge and confidence to make further improvements.

“The Low Carbon Advisor was personable, honest and responsive to my questions. I felt I was talking to somebody who understood what I might not know. They did what they said they were going to do when they said they were going to do it. Without support and match funding, I wouldn’t have been able to implement the same programme of improvements.” – Karen Sherwood, Founder & Owner

Mount Pleasant Hotel

Business: Mount Pleasant Hotel, Doncaster.

Founded in 1936, it is set in 100 acre grounds, and has excellent transport links as well as offering a spa, restaurant, wedding venue and luxury cottages.

Main source of energy use: gas for heating system

Intervention supported: removal of radiatiors and roll-out of air conditioning in 20 rooms

Impact: Reducing carbon footprint and energy bills; better experience for guests

“They came up with various options which we could implement – we worked with them to identify the quickest to implement with good payback periods. Trying to create a room by room heating system was a nightmare; we were able to quickly implement air conditioning and it’s been a great success.”

UKSPF logo strip

Contact Business Sheffield

0114 224 5000
10am to 4pm, Monday to Friday

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