Crowdfunder - Energy Efficiency Sharematch

The fund will support Co-operative Societies, Community Benefit Societies and Charitable Community Benefit Societies based in England to raise investment to undertake activity which reduces their energy usage or identifies alternative sources of energy and therefore leads to a reduction of both carbon footprint and energy bills of the organisation's operation. These activities could include but are not limited to:

• Installation of new on-site energy/heating generation measures (e.g. solar panels, heat pumps).
• Installation of new energy efficiency measures in a building (e.g. insulation, LED lighting, double glazing, draft-proofing, improved doors).
• Improvements to other aspects of operations (e.g., changes to more energy efficient equipment, transport upgrade).

The scheme will provide grant funding to match money raised in community shares. The grant funding is intended to accelerate the speed and amount raised from the community.

Key Criteria

• The funders 'would ordinarily expect' to match money raised through the Crowdfunder platform in community shares investments on the basis of 25-33% match of the total raised, up to the maximum grant amounts.
• Funds awarded are conditional upon applicants first securing crowdfunding via Crowdfunder's platform
• To be eligible to apply, organisations must own their buildings or have long (>10 years) tenancies in place. The tenancy should also be as long or longer than the payback period for the share capital.

Amounts available: Between £5,000 and £30,000

The Fund will run until March 2025, with the ambition to award all funds before this time.

For more information on the fund, please visit - Energy Efficiency Sharematch | Crowdfunder.co.uk