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Co2Sense Yorkshire Announces £800,000 of Resource Efficiency Funding

posted 22 Jan 2010, 08:04 by RiDO Rotherham   [ updated 22 Jan 2010, 08:07 ]
Originally Posted: Wednesday 9th December 2009
CO2Sense Yorkshire has announced it is offering two packages of funding to SMEs in Yorkshire and Humber that are working to cut greenhouse gas emissions through resource efficiency.

CO2Sense Yorkshire is a not-for-profit company funded by Yorkshire Forward and the European Regional Development Fund. The company’s Greenhouse Gas Savings Capital Investment Fund and Innovative Resource Efficiency Projects Fund, will help SMEs in the Yorkshire and Humber region to build businesses that can compete in a low carbon economy.

Companies will be able to bid for funds to deliver waste reduction, reuse, and recycling services, as well as energy and water savings, from the Greenhouse Gas Savings fund. This fund is designed to increase the capacity of the resource efficiency sector in Yorkshire and Humber. Funded projects are expected to hit targets for CO2 emissions reductions, tonnage of waste diverted from landfill, and business growth.

The Innovative Resource Efficiency Projects Fund is designed to support projects that break new ground in resource efficiency. Funds are available for projects which increase the uptake of environmental advice, offer support to businesses to reduce their resource consumption, and offer innovative solutions for priority materials and sectors.

Commenting on the funding announcement, Andy Hartley, operations director ofCO2Sense Yorkshire said:

“Our key aim is to increase the competitiveness, capacity, quality and scale of
companies in the resource efficiency sector in Yorkshire and Humber. These
funding packages will help businesses to grow and prosper, increasing
regional competitiveness, and generating the expertise to transform
Yorkshire and Humber into a low carbon economy.”

Tom Riordan, chief executive at Yorkshire Forward, said:
“Cutting the region’s CO2 emissions is one of Yorkshire Forward’s priorities.
With the Copenhagen Climate Change summit taking place in December, now is
an ideal time for businesses to look at what they can do to play their part
in reducing the region’s carbon footprint.”
Businesses and projects that were successful in the last round of funding received between £5,000 and £75,000 of support. Funding bids can be submitted by individual SMEs or from groups or consortiums, if a project is large or regionally significant. CO2Sense Yorkshire will also help businesses access additional funding from other sources such as national partners or research and development grants for larger bids.