Loans of up to $100,000 are now available for local businesses aiming to reduce their carbon footprint.
Details of the Climate Change and Environment Fund were revealed Monday – Earth Day – at Charlotte Products in Peterborough. Administered by Community Futures Peterborough, up to $100,000 loaned at prime rate will go successful applicants to finance projects that reduce emissions or waste.
Community Futures Executive Director, Devon Girard, says the goal of the fund is to “make it cheap and easy” for city and county businesses to invest in environmentally sound and sustainable technologies and processes.
Charlotte Products CEO Matt Strano, whose company has been a longtime leader in adopting sustainability measures in its production of ‘green’ cleaning products, says investing ‘n ‘green’ is about more than it being “the right thing to do.”
Strano adds that with health and sustainability being in the forefront now, businesses have to get on board or risk being left behind.
Visit communityfuturespeterborough.ca/greenfund to learn more about the fund and start the process of applying.
(Written by: Paul Rellinger)
