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Opportunities for Cost Reduction

Opportunities for Cost Reduction. Peter Larmour Sustainable Development Invest NI. Support for businesses with a total annual expenditure of more than £30k on water, energy and raw materials Free Resource Efficiency Audit

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Opportunities for Cost Reduction

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  1. Opportunities for Cost Reduction • Peter Larmour • Sustainable Development Invest NI

  2. Support for businesses with a total annual expenditure of more than £30k on water, energy and raw materials Free Resource Efficiency Audit Free 5-day Technical Consultancy on energy, materials, water, transport, environmental management and renewable energy Industrial Symbiosis Financial assistance Invest NI Sustainable Development Programmes

  3. Resource Efficiency Audit • A free 1 day general audit to help identify and prioritise actions to reduce the cost of water, energy and materials • Report will present findings and recommendations with advice on resource cost reduction

  4. Technical Consultancy • Free 5-day Technical Consultancy to develop projects in energy, materials, water, transport, environmental management and renewable energy • Consultancy will identify costs and payback for resource efficiency projects. The main part of the consultancy is to help implement projects • Identify and help quantify financial assistance

  5. Financial Assistance Capital Grants • Capital Grants of up to £40k are available to support Invest NI clients to design, purchase and install new equipment to reduce water and materials costs • Up to 40% of costs are eligible for SMEs. • It is not for projects which are designed mainly to save energy. Assistance for this is through the Carbon Trust Interest-Free Loan

  6. Financial Assistance, Interest-Free Loans • Interest-Free Loans from £3k to £400k are available through the Carbon Trust • Level of Loan is determined by energy cost savings and Carbon Dioxide reduction • Details of how to apply and loan calculator are on the Carbon Trust Northern Ireland website • Assistance is available in providing data for loan application.

  7. Industrial Symbiosis • Invest NI also provides ‘industrial symbiosis’ services which help generate opportunities to identify and match excess resource in one business with resource requirements in another business • Areas covered include waste, transport, storage, skills, production capacity and energy • Seewww.international-synergies.com

  8. Invest NI Business Information • www.investni.com • www.nibusinessinfo.co.uk

  9. Contact for Invest NI Sustainable Development Programmes • Email • sustainabledev@investni.com • Phone • 028 9069 8868

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