The Department for Transport teamed up with Energy Saving Trust to create a Grant Fund for eCargo bikes which was available to limited companies, sole traders, partnerships, charities and not-for-profit organisations to apply for. Public, community or third sector organisations were eligible to apply providing they meet the criteria. This fund was in recognition of the benefits of eCargo bikes and the potential for businesses in England to adopt the idea of sustainable travel.
*Update 24 January 2022* Following the phenomenal success of the £400,000 national eCargo Bike Grant Fund 2021/22, Energy Saving Trust and Department for Transport are pleased to announce that an additional £300,000 was made available to applicants.
The fund, which has now closed, was extremely popular among small businesses and sole traders, giving them an opportunity to introduce ecargo bikes into their everyday transport operations.
Initially made available across England on 30 July 2021, the eCargo Bike Grant Fund invited organisations to apply for 40% of the total cost of an ecargo bike, with a maximum of £2,500 for two-wheel models and £4,500 for three-wheel models. Applicants were able to opt for up to five bikes per organisation and were also able to submit joint ‘high-street’ applications for shared ecargo bikes.
Due to the success of the fund, the application portal closed on 8 October 2021 as the application threshold was reached. An additional £300,000 was then made available to applicants with applications already submitted on 3 November 2021.
Please read here for further details.