Grant funding for young businesses opens for applications
Young businesses and social enterprises in the Highlands and Islands looking to increase productivity, innovation and employment can apply for funding from HIE.
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Highlands and Islands Enterprise (HIE) awarded Aquila Waste Management Solutions £120,000 towards the cost of retaining an existing waste transfer facility on the island.
This initiative not only aligns with the company's commitment to reducing carbon footprint but also contributes to Scotland's ambitious goal of transitioning to net-zero emissions.
The project will initially create four green jobs, with additional jobs created in subsequent phases.
The SEPA-approved facility, based six miles north of Lerwick, is long established, having operated from the same site since 1982 and was previously run by Aberdeen-based Total Waste Management Alliance (TWMA). As well as supporting with renovation costs, HIE’s funding will contribute to the cost of essential equipment and upgrades.
The future of the site will have a keen focus on reducing costs for customers and adding new service offerings, while at the same time creating a circular economy.
Aquila director, Leigh Smith, said:
“We are delighted, and very thankful, to receive this support from HIE. It has helped to bolster what is a significant investment from us and underpins our commitment to delivering crucial waste management services to the industries of Shetland.
“Significantly, this funding has not only protected the existing jobs but will help to create new, well-paid, local green jobs which will boost local economic growth. Looking ahead, we are aiming to improve our facility and expand the range of services we offer our customers. Lastly, we would like to take this opportunity to thank everyone who has worked hard to get us to this stage and we look forward to working with HIE on further investment projects in the coming years.”
George Irvine, senior development manager for HIE’s Shetland area team, said:
“It is great to see Aquila’s commitment to finding green solutions for industrial waste. Without Aquila this activity would have to be undertaken off island. We are delighted to support the company and eagerly anticipate further collaboration as the project progresses. The project retains both employment and a vital local service for a range of industries.”
Young businesses and social enterprises in the Highlands and Islands looking to increase productivity, innovation and employment can apply for funding from HIE.
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