Published: 25 January 2013 at 11:57
Low Carbon KEEP programme at Anglia Ruskin to invest £3.2m in East region SMEs
Small and medium sized businesses from across the East of England are being encouraged to apply for European Regional Development Fund (ERDF) support to help them reduce energy consumption, develop new products and increase profitability.
With £3.2 million to invest, the Low Carbon KEEP programme, which is managed by Anglia Ruskin University, has already supported over 35 successful projects, providing £675,000 of funding to small and medium sized enterprises (SMEs).
The Low Carbon KEEP programme runs until December 2014, and the deadline to apply for a maximum 18-month project is May this year.
SMEs already engaged in the programme have utilised the funding in various ways. Calex Electronics, a manufacturer of temperature measurement tools based in Leighton Buzzard in Bedfordshire, has utilised Low Carbon KEEP funding to design a new infrared temperature sensor that has enabled the company and its customers to significantly reduce carbon emissions and resource consumption. Witham-based Essex Safety Glass has been researching a more cost and energy-efficient material to be used in the laminating processes for ballistic and fire resistant glass.
The programme offers grant support to help businesses improve their capabilities and a recent graduate is employed to spearhead the project, closely supported by an academic expert.
Projects can run from four to 18 months, and the Low Carbon KEEP grant covers 40% of the major costs of the project. The grant can be utilised to create new products, develop new competencies and achieve industry standards, while reducing carbon emissions.
In addition, the Low Carbon KEEP capital grant scheme allows SMEs to recoup 40% of the cost of purchasing capital items, such as essential equipment or software, which are fundamental to the success of a Low Carbon KEEP project.www.anglia.ac.uk/ruskin/en/home/microsites/low_carbon_keep/approved_low_carbon.html