Social Enterprise Net Zero Transition Fund
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:
What are the terms of the investment?
Investment from the Fund is intended to be as flexible as possible, and a bespoke investment package will be developed in partnership with you. However, as a guide, investments will have the following terms:
Amount: Minimum – £10,000 Maximum – £1,500,000
Interest rate: 3% Fixed
Term: Loans must be settled in full by 31st March 2031
Repayment: We will work with you to find an affordable and flexible package that works for you.
Security/Fees: No security or fees.
Grants: Some small Grants of up to 20% of the total funding amount may be available to organisations with a particular focus on projects that deliver new or additional re-use or repair activity that will achieve positive carbon benefits. The project must result in a carbon saving or add value to a ‘waste’ product or material.
Read the FAQ’s on the Net Zero Transition Fund
You can read our FAQ’s – Net Zero Transition Fund.
How do I apply?
If you would like to apply, please complete an Expression of Interest form here. This is a short form, which seeks to understand your Net Zero Transition plans and your plans for the funds. Please send your completed EOI form to firstname.lastname@example.org with the requested supporting information.
EOI’s will then be reviewed by the SIS and ZWS teams. If you are invited to the next stage, you will be assigned an Investment Manager who will guide you through the process and the information we require for the next stage.