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Home » Shared Island Sustainability Capital Grant
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Shared Island Sustainability Capital Grant

By uk-times.com13 February 2025No Comments2 Mins Read
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Summary

The Shared Island Sustainability Capital Grant, valued at €20m in total (circa £18m) with €10m available in each region, will help businesses from both Northern Ireland and the Republic of Ireland decarbonise their sites using novel and innovative solutions.

Eligibility criteria

This support is available to Invest Northern Ireland clients, which are manufacturing and/or tradeable services businesses with the potential to both

  • achieve at least 25% of sales external to Northern Ireland (or at least £250,000 external sales, whichever is lower)
  • employ at least ten staff, within five years

If you can demonstrate that your business meets these criteria, you may be eligible to apply to become an Invest NI client.

Other eligibility criteria may apply. If your business is based in the Republic Ireland, you can contact Enterprise Ireland.

Additional information

You can apply for funding for projects such as

  • Heat electrification and thermal storage
  • Green gases (hydrogen)
  • Onsite renewable energy generation
  • Sustainable water
  • Carbon capture
  • Circular economy (generating resources from your own business’s by-products)

Eligible projects must

  • have the potential to create significant value for the company or industry.
  • address sustainability challenges and deliver an environmental improvement to a manufacturing or industrial site.
  • have a minimum capital project spend of £5m (€6m) and have all project expenditure incurred by 31 December 2027.
  • outline that the project will benefit the all-island economy on a demonstrative and commercial basis.

If successful, your project may be part of an all-island case study or showcase.

Applications will close at midday on Friday 2 May 2025.

Support organisation

  • Invest Northern Ireland
  • InterTradeIreland
  • Department for the Economy (DfE)
  • Enterprise Ireland

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