Social Enterprise Net Zero Transition Fund
Social Investment Scotland
SIS, in partnership with Zero Waste Scotland, is pleased to present the Social Enterprise Net Zero Transition Fund (NZTF), designed to support social enterprises and the wider third sector to make the transition to carbon net zero.
The purpose of the fund is to support these social sector organisations (SSO) in their journey to become carbon neutral, and to develop the circular economy. Through the fund, we are interested in supporting activities that will reduce carbon footprint.
Some examples of these activities are below. Please note this is not an exhaustive list and we are keen to see a range of activities come forward:
- Reducing energy consumption
- Improving energy efficiency
- Developing or moving to renewable energy sources
- Transitioning to sustainable transport options
- Scaling local food production and supply Minimising or re-purposing food waste
- Developing circular economy products, services, processes and practices.
The fund provides loans from £10,000. SSO’s who have a particular circular economy focus or are proposing specific projects with a focus on re-use, repair and leasing/sharing models, may also be eligible for a small grant award.
Who may be eligible for a small grant*?
To be eligible for a small grant SSOs must be looking to establish or grow circular economy practices in re-use/repair/sharing activities – some examples are below:
Proposed project delivers new or additional re-use or repair activities that will achieve positive carbon benefits. The project must result in a carbon saving or add value to a ‘waste’ product or material Strategic projects which address significant challenges and create transformational behaviour change, likely to require significant financing and partnerships. Business growth and development of established reuse/repair/sharing activities (where projected sales and future income can be forecast). Replication of existing working models of circular economy practices.