2010 Secure grants for material efficiency projects
Companies with up to 1,000 employees can only benefit from the VerMat funding initiative to improve material efficiency until the end of the year: Grants of between 67% and 50% are available for potential analyses and 33% for in-depth consultations.
Next year, the initiative will probably only be open to companies with up to 250 employees. Large SMEs with 250 to 1,000 employees should therefore hurry if they still want to benefit from these subsidies. At around 46%, materials represent the largest cost block in the manufacturing industry. Reducing these costs through lower material consumption, less scrapping and fewer rejects offers great potential: analyses by Abels & Kemmner have shown that between 19% and a whopping 53% of material efficiency losses can be recovered (see chart). This means that material efficiency projects pay for themselves very quickly and in some cases create considerable liquidity reserves. The results also have a very positive effect on a company’scarbon footprint. Every company should therefore know and optimize its material efficiency.
