INVERCLYDE Windfarm Grant Fund is now open for applications for grants of up to £1,000 to community and voluntary organisations in the area.
It has been created through a partnership agreement between Inverclyde Community Fund (ICF) and Inverclyde Renewables LLP.
The fund will receive an annual payment linked to the energy output of the eight-turbine windfarm which is in the countryside near Greenock and became fully operational in February.
It’s estimated more than £72,000 will be put into the fund each year.
Applications must support and promote at least one of the following causes:
• Renewable Energy
• Energy Efficiency
• Sustainable Development
• Sport and Recreation
• General community amenity schemes
Eleanor Robertson, chair of Inverclyde Community Fund, said: “Alongside my fellow trustees, we are delighted to launch the new Inverclyde Windfarm Fund and we expect this vital cash to provide and create great opportunities locally.
“I invite as many local organisations as possible to consider applying to the fund to see if we can support their aims and further help them to develop and grow across Inverclyde.
“We thank Inverclyde Renewables LLP for their support and look forward to a successful partnership.”
James Jones & Sons Ltd chairman, Tom Bruce-Jones, said: “We are delighted to partner with Inverclyde Community Fund and to see this fund launched.
“James Jones & Sons Ltd has a very strong ethos of supporting all the local communities where we operate, and this investment into Inverclyde should make a significant impact locally.”
Wayne Cranstone, investment director at Gresham House Asset Management, added: “This welcome funding will provide a significant boost to Inverclyde’s economy and community and is a positive step in building a more sustainable and greener future for the UK.
“We look forward to seeing and learning more about the projects that this fund will support.”
ICF will accept applications at any time throughout the year and applicants will receive a decision within six weeks of applying. There is a turnover limit of £250,000 for all organisations applying to the fund.