It is important to understand the financial supports and grants available for SMEs and other businesses in different settings before performing the cost benefit analysis for a project.
Finance Decision Making Tool (FDMT)
This tool makes it easier for you to see what non repayable and other finance options available to you depending on the business sector, retrofit measures, annual energy consumption and size of the project. These inputs will decide what grants available to you and key information like grant amount, timeline and direct link to the specific grant will be showed to you.
Refer to our SME guide to financing energy efficiency projects [1]handbook to explore more information on possible grants, tax reliefs, loan finance, asset finance, etc. This guide will help you to understand pros and cons in different types of finance options which will help you to decide which options are most suitable for your business approach.
Simplified flowchart for FDMT
Quick links:
- Refer SEAI Business Energy Upgrade Scheme Guidelines – 2024
- Case studies that utilised SEAI grants and succeed energy efficient projects (Case study No. 2, 6-15)
- Link to the FAQ – Financing and budgeting section to explore more FAQs around this.
[1] This handbook needs to be in both view and downloadable version