Funding for Urban Community Energy Projects.

The Urban Community Energy Fund (UCEF) funds community energy projects through their development phase, to determine viability, and get them ‘investment ready’ – i.e. a sound proposition for bank or other financer to take the project through the construction phase. A grant of up to £20K and a loan of up to £130K are available. The loans are ‘contingent loans’ meaning they won’t have to be paid back if a project can’t proceed to construction phase. There are deadlines to apply for funding every other month. The next is Friday 31st July.

www.gov.uk/urban-community-energy-fund

UCEF compliments the Rurual Community Energy Fund, which provides a similar service for projects in rural areas: www.wrap.org.uk/content/rural-community-energy-fund