CREATING A LOW CARBON ECONOMY 
 

GREEN LOANS from 3.5% Launched 
 

CREATING A LOW CARBON ECONOMY 

The Solent is an area of strong economic growth within the UK. There is a burgeoning “green economy” with many strengths emerging in research & development, environmental technologies, energy, waste and construction. Future Solent aims to capitalise on these strengths to promote further development of the green economy, and with it, economic growth and jobs. Future Solent has been established as a joint approach by the Solent Local Enterprise Partnership (Solent LEP) together with the Partnership for Urban South Hampshire (PUSH) and the Hampshire Chamber of Commerce in the Solent area to achieve a low carbon, green economy. 
 
Here at Future Solent we have a vision that “the development of a low carbon, green economy in the Solent area will help stimulate sustainable economic growth, create jobs and reduce our carbon footprint. The Solent area will become the national leader and internationally recognised for its low carbon, green economy. Sustainability will be at the heart of the sub-region’s success in generating economic growth, prosperity and improving quality of life.” 
 
Future Solent brings together a variety of projects and actions that will deliver our vision and key priorities. In the process of achieving these we have developed a number of new projects and are catalysing existing ones too. All projects we endorse or support will deliver at least one of our priorities and expected outcomes. In doing so, we aim to utilise the Solent’s resources and bring together working partnerships between businesses, organisations, academia and authorities to achieve a low carbon economy in the Solent region through complimentary actions. 
The Programme of Projects 
Discover more about our programme of projects and how the Solent area will generate economic and business growth... 
Recent News and Events 
The Solent area will become the National leader and Internationally recognised for its low carbon green Economy... 
 
Future Solent, together with Local First Community Interest Company, Eastleigh Borough Council and the Hampshire Chamber of Commerce, has launched a ‘Green Growth Business Loans Scheme’ for Small and Medium sized Enterprises (SMEs) mainly based in the Solent and Isle of Wight region. The £950,000 fund is open to borrowers who can match-fund the loan, demonstrate that their project will create jobs, and who are either operating in the green economy or are funding a project in the green economy (widely defined to include environmentally beneficial or sustainability-enhancing projects). 
 
The scheme will help businesses working in fields such as: 
 
 
 
• environmental technologies and services (such as energy efficiency / retrofit); 
 
• waste and recycling; 
 
• renewable and low carbon energy production; 
 
• sustainable development; 
 
• marine and maritime; 
 
• sustainable design, engineering and construction 
 
 
 
or involved in projects with demonstrable environmental benefits. Applicants are invited to make the case that their project is part of the green economy and eligible for a loan. 
 
 
 
Scheme administrator Richard Hall said: 
 
“These loans are intended to help established businesses start projects that create jobs in Hampshire. Rates will start from 3.5% and will depend on the strength of the project. We aim to make the process of borrowing the money as straightforward as possible. Interested businesses are welcome to contact me (07770 605664 / Richard@futuresolent.co.uk) for an initial discussion. Alternatively fill in an Expression of Interest form and send it in. The application form can be found here: click here 
 
Join Future Solent 
 
If you have an interest in Future Solent's vision and priorities we would love you to be a part of it. 
 
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