Enterprise Financing Journey: Green Heat
Green Heat (SEED Low Carbon Award Winner 2014) provides innovative and cost-effective energy, waste and fertiliser solutions for homes, schools, farms and commercial buildings. The core business model is the conversion of waste to biofuel through biogas digesters, and the production of briquettesfrom waste.
Green Heat has a strong research and development component, innovating ways to reduce water waste of the biogas digester by developing a slurry separator, which provides high quality organic fertiliser. The enterprise has also innovated a way to use the biofuel in a cooling system, contributing to reduced spoilage of dairy and agricultural products.
The enterprise financing journey of Green Heat is exemplary of the sometimes turbulent and various paths that eco-inclusive SMEs might follow in establishing and expanding their businesses.