The Low Carbon Manufacturing Challenge Fund

To support Scottish manufacturing businesses who are looking to help speed up the transition to a low carbon economy, the Scottish Government is offering grant funding as part of Making Scotland’s Future activity.

The Low Carbon Manufacturing Challenge Fund (LCMCF) supports Scottish manufacturing businesses looking to grow through developing low carbon products, processes or services. This can be achieved through pure Research and Development (R&D), capital investment or environmental aid support.

Your idea can include, but is not limited to:

• The development of a new product, service or technology that will reduce emissions, energy consumption, waste production and decrease the use of raw materials in the manufacture, and/or end use, of the existing alternative
• The development of new business models based on the principles of a circular economy. For example, through circular supplies, resource recovery, product life extension or use of sharing platforms.

While the LCMCF doesn’t provide 100% of funding towards eligible project costs, there is a minimum value grant of £150,000 available. The level of grant support will be determined dependent upon the project activity, the size of your company and the location of the project.

Eligible businesses can start the application process by submitting an Expression of Interest (EoI) with successful businesses then invited to complete a full grant application. You can find more information on the LCMCF, and making an EoI, here.

To discuss your own circumstances or if you need support submitting an application form with the correct financial evidence, please contact our EQ Engineering & Manufacturing team on engineering@eqaccountants.co.uk or contact one of our offices.