CAN BE
ALTERNATIVE
INVESTMENT

Opening date 13 Mar 2022, 11:00PM
Closing date 29 Nov 2024, 11:00PM
The Green Heat Network Fund (GHNF) is a £288m capital grant fund that opened to applicants in the spring of 2022. It provides support to organisations in the public, private, and third sectors, offering commercialisation and construction funding for heat network projects in England. It builds on the progress and development made by the Heat Network Investment Project (HNIP) and the GHNF Transition Scheme.
Our vision for the GHNF is to accelerate the heat network market transition to low-carbon heat sources via targeted financial support, that will help stimulate the increased deployment of low-carbon technologies at scale. The GHNF objectives are to:
Achieve carbon savings and decreases in carbon intensity of heat supplied.
Increase the total amount of low carbon heat utilisation in heat networks (both retrofitted and new heat networks).
Contribute towards market transformations across the investment landscape and supply chain that will better prepare the heat network sector for further decarbonisation.
It is important to note that the GHNF is a competitive grant scheme, and most projects are expected to significantly out-perform the absolute scheme limits set out in the applicant guidance to score well in competition.
GHNF offers grant funding only, either for
both commercialisation and construction support or
construction support only.
Funding rounds are intended to take place on a quarterly basis with notification letters to be issued as soon as practicable following the Investment Committee and subject to all relevant approvals being received.
The GHNF is open to all organisations responsible for the development of heat networks (including cooling networks) that meet the application gated metrics, that can provide all supporting documentation and which are legal entities. For the avoidance of doubt, this includes Other Government Departments.
Applicants may be:
Public sector organisations including NHS Trusts and Universities, and Other Government Departments.
Private sector organisations that are registered companies and submit annual accounts.
Third sector organisations such as registered charities, community investment companies and other such organisations that are officially registered and submit annual accounts.
Individuals, households and sole traders cannot apply to the fund.
Even if an applicant meets all the eligibility criteria and scores well, it is not guaranteed an award of funding. GHNF funding will be allocated on a competitive and discretionary basis. The Investment Committee will consider those applications submitted in each funding round where the applicant meets the eligibility criteria. The scores awarded to the applications by GHNF assessors will be compared. The applications will then be ranked. Some may not be awarded funding because their ranking is lower relative to others.
Applicants that are successful will be notified accordingly. Applicants that are unsuccessful will be notified, together with an explanation of why.
For a detailed description of eligibility and assessment criteria, see the latest Applicant Guidance document on the GHNF gov.uk page. Potential applicants that are unsure whether their projects meet the GHNF eligibility criteria should contact enquiries@tp-heatnetworks.org.
The Green Heat Network Fund (GHNF) is a capital grant fund that supports:
the commercialisation and construction of new low and zero carbon (LZC) heat networks (including the supply of cooling)
the retrofitting and expansion of existing heat networks
It aims to develop and grow the heat network market and to address some of the challenges of decarbonising the UK’s heat sector.
The GHNF is a three-year scheme that opened to applications in March 2022. A detailed application timeframe is available in GHNF Application Guidance here: https://www.gov.uk/government/publications/green-heat-network-fund-ghnf
Detailed guidance for applicants can be found by following the URL to the Green Heat Network Fund gov.uk page.
Applicants are able to register an Expression of Interest via webform ahead of submitting applications for funding at https://tp-heatnetworks.org/expression-of-interest/ (this voluntary and pre-requisite for applying).
Applicants can request an application pack and a meeting with a Relationship Manager to discuss their application by emailing enquiries@tp-heatnetworks.org.
See “How to apply” to find out how to register an Expression of Interest or request an application pack.
All supporting information and guidance can be found on the Green Heat Network Fund gov.uk page.
Value Ad helps new businesses save 50% to 80% on essential services like marketing and
development. These savings act as an alternative investment, fueling growth.
Service providers gain valuable initial customers, helping them grow and attract investment.
It's a win-win for everyone!
This App/website is not affiliated with any government agency. We collect and organize information from publicly available government websites and provide direct links to these official sources.
For accurate details and to apply for grants or loans, please visit the relevant government websites linked within the App/website.
What is Value Ad?
Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.
How is it a Win-Win Deal?
For New Businesses:
Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.
Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.
For Service Providers:
Initial Customer Base: Service providers, often tech startups themselves, can attract a significant number of initial customers by offering their services at a discounted rate. This helps them build traction and demonstrate value, which is crucial for attracting venture capital (VC) funding and other opportunities.
Marketing Efficiency: By providing affordable services, service providers do not need to spend heavily on marketing to acquire new customers. The discounted services themselves become a powerful marketing tool, bringing in customers who can spread the word and enhance the provider’s reputation.
Growth and Expansion: Attracting more customers through Value Ad helps service providers expand their client base and build long-term relationships, which can lead to increased revenue and business growth.
Alternative Investment for New Businesses:
For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.
Benefits for Service Providers:
Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:
Building Traction: Demonstrating product or service viability to potential investors.
Securing Funding: Enhanced customer traction and a growing user base can make the service provider more attractive to venture capitalists and other funding sources.
Market Penetration: Establishing a presence in the market quickly and efficiently without heavy marketing expenditures.
In Summary:
Value Ad is a strategic policy designed to create a win-win scenario for both new businesses and service providers. By offering significant discounts on essential services, startups can save and reinvest those savings, while service providers gain crucial initial customers and market traction. This mutually beneficial arrangement supports the growth and success of both groups, making Value Ad a powerful tool for business development and investment.
We use cookies and similar technologies that are necessary to operate the website.Please read our cookie policy.
We use cookies and similar technologies that are necessary to operate the website. Additional cookies are only used with your consent. We use the additional cookies to perform analyses of website usage and to check marketing measures for their efficiency. These analyses are carried out to provide you with a better user experience on the website. You are free to give, deny, or withdraw your consent at any time by using the "cookie settings" link at the bottom of each page. You can consent to our use of cookies by clicking "Agree". For more information about what information is collected and how it is shared with our partners, please read our cookie policy.