The Urban Community Energy Fund (UCEF) is a £10m fund to kick-start renewable energy generation projects in urban communities across England. Community groups will be able to access grants and loans to support renewable energy developments. Grants of up to £20,000 are available for the early stages of a project. This can include public consultations and preliminary viability studies, etc. UCEF will also provide loans of up to £130,000 to develop planning applications and a robust business case to attract further investment.
This will help projects become ‘investment ready’, to secure a bank loan or another form of investment. The type of organisations that can apply include:
- Registered Company (including CICs)
- Charitable Incorporated Organisation
- Registered Societies (formerly known as IPS)
- Parish and Town Councils.
The application deadline will be the last Friday of every second month (odd months: Jan, Mar, etc.). The same deadlines apply whether organisations are applying for a grant or a loan.