Concept Welcomes Latest Salix Funding for FE Colleges
In partnership with the EAUC and supported by the AoC, Salix Finance has announced its latest round of 100% interest free funding for energy efficiency and carbon reduction projects in Further Education (FE) Colleges in England and Wales.
To find out if your organisation is eligible, take a read of our ‘quick guide’ to the latest Salix Funding scheme below.
Are all education projects suitable?
No, this particular scheme is purely for Further Education (FE) Colleges in England and Wales.
When is the funding released?
This will be released at the end of September 2015.
When does the fund open?
Applications will be accepted from September 2015 through to January 2016.
Who is eligible?
Any FE College who receives a majority of their income directly from the public sector can apply for funding (6th form colleges are eligible).
What about project compliance criteria?
- A maximum 5 year payback period
- Less than £100 per tonne of CO2 over the lifetime of the project
- Projects over £100,000 require a Salix Business Case
The loan will be paid back to Salix directly by direct debit on a 6 monthly basis over a period of 4 years. To download a full copy of the FE college application notes, please click here.
How to take advantage of this latest funding opportunity
Concept Energy can support your organisation with all aspects of the Salix application process. Give us a call or drop us a line at: 01256 303620 or email: info@conceptenergy.org
