New funding to help Devon economy build back better and encourage the green sector
We’ve launched a new Natural Capital Challenge Fund to help the Devon economy to build back better and encourage the green sector in the county.
With two coastlines, two national parks and five Areas of Outstanding Natural Beauty (AONB), Devon’s environment is a key asset and the pilot funding scheme will aim to capitalise on this to develop the county’s green economy aspirations.
A total funding pot of £300,000 is available to provide one off grants of up to £50,000 to support Devon-based businesses, social enterprises, charities, and community groups to create employment and training opportunities with initiatives such as improvements to biodiversity, tree planting, sustainable use of materials, reducing emissions, and increasing protection from flooding.
The funding scheme will also contribute towards the response to the Climate Emergency to help reduce carbon emissions in Devon to net zero by 2050. The project itself will provide the potential to save an estimated 3,000 tonnes of carbon, and restoration or recovery of 50 hectares of habitat.
Applications must be submitted by 5.00pm on Friday 20 August and funding must be spent by the end of March 2023. For more information and to download the application pack please visit our website.