Up to 80 local businesses will be helped to cut their running costs and reduce their carbon footprint through two new schemes funded by Tower Hamlets Council.
The Business Cost Reduction Project, which will be will be delivered by the Place Support Partnership on behalf of the council, will support 50 businesses with achieving savings in their running costs and get better value on electricity, gas, telecoms, merchant fees, insurance and water bills - while the SME Sustainability Project, which will be delivered by Allia Impact, will support 30 businesses become more sustainable and reduce their carbon footprint.
The council has invested £108,250 into the two schemes, which will run until 31 March and are provided free of charge to participating businesses.
As an added incentive, businesses which sign up for the SME Sustainability Project will receive a £100 Amazon voucher as a gift.
Executive Mayor of Tower Hamlets, Lutfur Rahman said:
“Small independent businesses are the lifeblood of our local High Streets. These schemes are creative solutions to help these businesses cut costs, boost efficiency, reduce their carbon footprint and improve environmental sustainability. This not only strengthens our local economy, but also marks an important contribution towards our efforts to make Tower Hamlets a cleaner, greener borough for everyone."
Cllr Musthak Ahmed, Cabinet Member for Jobs, Enterprise, Skills and Growth added:
“These two new schemes will provide a boost to businesses with one-to-one training and advice to make sure they are sustainable and cost effective.
“It is a fantastic opportunity, however places on the schemes are limited. I would urge all small businesses to apply as quickly as possible to avoid disappointment and ensure your business can reap the rewards of the schemes.”
For more information on the schemes, including details on eligibility and how to apply, please visit www.towerhamlets.gov.uk/openforbusiness
Posted on Monday 16th December 2024