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Social Enterprise Net Zero Transition Fund

Zero Waste Scotland in partnership with Social Investment Scotland is pleased to present the Social Enterprise Net Zero Transition Fund.

The Social Enterprise Net Zero Fund (NZTF) is designed to support social sector organisations (SSOs) and the wider third sector to make the transition to carbon net zero.

The fund will support projects that will reduce carbon footprint including activities that: 

  • Reducing energy consumption;
  • Improving energy efficiency;
  • Developing or moving to renewable energy sources;
  • Transitioning to sustainable transport options;
  • Scaling local food production and supply;
  • Minimising or re-purposing food waste;
  • Developing circular economy products, services, processes and practices.

Please note this is not an exhaustive list. 

The fund provides loans from £10,000.  A small grant may also be available for SSO’s who have a particular circular economy focus or are proposing specific projects with a focus on re-use, repair and leasing/sharing models.

Who is eligible for the loan?

  • To be eligible for a loan SSOs must satisfy the following requirements;
  • SSOs must generate a trading income that allows for Loan repayments;
  • Organisations must be based and operating in Scotland or for organisations that are not;
  • the activity funded by NZTF must be delivering most of their impact in Scotland;
  • SSOs must be able to evidence their ambition to transition to a net zero model and/ or;
  • SSOs looking to establish or grow circular economy practices.

Who may be eligible for a small grant*?

To be eligible for a small grant SSOs must be looking to establish or grow circular economy practices in re-use/repair/sharing activities – some examples are below:

  • Proposed project delivers new or additional re-use or repair activities that will achieve positive carbon benefits. The project must result in a carbon saving or add value to a ‘waste’ product or material
  • Strategic projects which address significant challenges and create transformational behaviour change, likely to require significant financing and partnerships.
  • Business growth and development of established reuse/repair/sharing activities (where projected sales and future income can be forecast)
  • Replication of existing working models of circular economy practices

Find out more about the circular economy

Find out more and apply

Visit Social Investment Scotland to find out more and apply. 

*Organisations must meet the ‘Subsidy control’ criteria (Please be aware that this support will be provided through Special Drawing Rights which allows a maximum of £322,000 available to a single business in a three-year period, including previous de minimis support that may have been received in the past three years. 

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