The Business Exchange Bath & Somerset Issue 21: Autumn 2021 | Page 12

FINANCE

Could your business help Bristol Airport ACT now to help decarbonise aviation ?

Bristol Airport has launched a new fund to support innovative research and projects to decarbonise aviation .
The £ 250,000 Aviation Carbon Transition ( ACT ) Programme is open to any organisation or business in the South West , or businesses with innovative projects applicable at Bristol Airport . The ACT Programme is a fund to kick start and fast track decarbonisation initiatives in the South West , focusing on ‘ Scope 3 ’ emissions from flight and transport at Bristol Airport . These Scope 3 emissions are those outside the airport ’ s own operations , such as planes and passenger road transport .
The ACT Programme will make individual grants of up to £ 50,000 to organisations developing technology that could help the aviation industry transition to zero carbon emission flight . As this is the inaugural year of the Act Programme , Bristol Airport are not capping the number of applications being awarded and will look favourably on matched funded projects .
Applications can be made through the airport ’ s website . Projects should address at least one of the following priority areas :
1 . Hydrogen including storage , handling , aircraft refuelling / defueling , distribution , and associated technologies at Bristol Airport .
2 . Electric including charging , storage , handling , batteries , electric distribution , and associated technologies at Bristol Airport .
3 . Local projects to generate positive carbon reduction which can be used to offset emissions from Bristol Airport where applicable .
4 . Research into new technologies and future demand scenarios for airside use of green hydrogen and electricity at Bristol Airport .
Simon Earles , Sustainability and Corporate Affairs Director at Bristol Airport , said , “ Our region has a unique cluster of aerospace companies ,
expertise , and world-leading universities . The ACT Programme will provide them with funding to kick-start exciting new initiatives to move aviation towards net zero , with option of the airport being available as a testbed for new technology .
“ We are committed to net zero operations by 2030 with the ACT Programme part of our efforts to work in partnership and cut emissions from flights . We ’ re excited to see what ideas come forward .”
The launch of the ACT Programme follows Bristol Airport announcing it will achieve carbon neutrality later this year for its own operations , four years ahead of its target . It aims to have net zero operations by 2030 .
To find out more and to apply visit go to : www . bristolairport . co . uk / about-us / environment / aviation-carbon-transitionprogramme

“ The ACT Programme will make individual grants of up to £ 50,000 ” Check out the new SWBF website

We are very excited to announce the launch of our newly refreshed website , thanks to the team at Frankman Design .
We wanted to give the website an update and make it easier to navigate and more-user friendly .
We hope that it will provide our visitors with an easier way to learn about SWBF ’ s services and the types of finance we are able to source for our clients . It also gives better access to information about the Team and the Partners and a Blog / News section with key updates and informative articles .
The case studies page now allows you to filter by product type so that you can read more about the types of projects we have been involved in , how we sourced finance and how this helped our clients .
We now also have integrated links to social media and each team member has a link to their individual LinkedIn profile directly from the website . We will be constantly updating our social media channels with news articles , helpful information , company announcements , testimonials and client success stories so please give us a ‘ follow ’.
If you have any feedback on our website , or if there is anything else you would like to see featured , please don ’ t hesitate to contact us .
www . swbf . co . uk enquiries @ swbf . co . uk 01225 800849
South West Business Finance is a broker of credit and not a lender . South West Business Finance is a trading name of Aspire Commercial Finance Limited Registered in England & Wales under No : 09076273 Aspire Commercial Finance Limited is authorised and regulated by the Financial Conduct Authority ( 690089 ) also a member of the NACFB ( 06 / 0035 / CM ) Your property may be repossessed if you do not keep up with repayments on a mortgage or any other debt secured on it .
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