Understanding Salix's Low Carbon Skills Fund

Salix Finance's Phase 5 Low Carbon Skills Fund announcement presents a vital opportunity for public sector organisations aiming to advance their decarbonisation strategies.

Starting 17 April 2024 at 2pm, the application portal will be open until 1 May 2024. At Pick Everard, we're here to support our public sector clients with a comprehensive suite of services including sustainability and energy, building services engineering, cost management and property and asset advisory.

Here are five critical aspects to consider:

1. Grant value range system: This new system ensures that funds are distributed more equitably among applicants, addressing previous concerns about fund allocation fairness.
2. Randomised application assessment: Unlike prior phases where applications were assessed on a first-come, first-served basis, this round introduces a randomized order post-closure, ensuring a fairer review process.
3. Revised eligibility criteria: The fund has updated its eligibility requirements, including specific conditions like the necessity for an end-of-life heating system in certain grant applications, ensuring that funding is directed where it's most needed.
4. Focus on heat decarbonisation: The emphasis is on developing comprehensive heat decarbonisation plans, encouraging applicants to adopt a holistic approach to sustainability.
5. Incorporation of feedback: Salix Finance has adapted its approach based on insights gained from previous phases, demonstrating a commitment to continuous improvement and responsiveness to participant feedback.

For organisations looking to apply, these changes signify a more balanced and considered approach to funding allocation, encouraging a thorough and strategic perspective on decarbonization efforts. For more details, visit Salix Finance's official announcement page.

Whether you wish to apply now or in the future, get in touch for assistance contact Jose Hernandez.