The Solent LEP is supporting the building back Greener of the Solent economy in response to the challenges and opportunities presented by the COVID-19 pandemic.
They aim to support the delivery of the Government's Net Zero Strategy and the emerging Ten Point Plan for Building Back Greener in the Solent. They want to help ensure that businesses and communities across the Solent are not left behind as the economy recovers and grows and capitalise on opportunities to lead the way towards Net Zero.
In order to support this, the LEP has allocated £5m of Loan funding for loan applications of between £100,000 and £1,000,000. The level of loan you apply for must not be more than 50% of the total cost of your project, with at least 50% of total project costs being confirmed from your own funds or confirmed third party funding. Subject to financial due diligence.