1 Little-Known Grant For Businesses

The PIC Grant and PIC Bonus have set the SME community abuzz, with many jumping on the bandwagon. But now that the scheme is nearing its end and many organizations have written not one but numerous articles about the PIC Scheme, what else is in store for the SME?

Here is a lesser-known grant that businesses (SMEs in particular), can tap on: the Grant for Energy Efficient Technologies (GREET). GREET,  which aims to encourage owners and operators of new and existing industrial facilities to invest in energy efficient equipment or technologies, is co-administered by the National Environment Agency and the Economic Development Board.

What it offers:
Typical funding of up to 20% of the qualifying costs, capped at a cool $4 million per project. Qualifying costs include manpower costs, purchase of equipment and professional services.

Two things to note:
1. Applicants must show measurable and verifiable energy savings (not just cost savings)
2. The company must have implemented an energy management system which shows its policies, targets, concrete plans to improve energy usage, roles and responsibilities and methodology for measurements.

To learn more about GREET, visit the e2PO website here.

Of course, other than the GREET, going green no longer means higher costs for your business, but means a healthier bottom line. Here are 9 ways you can save the environment and your pocket.

  1. Buy in bulk. Buying your groceries in bulk saves on the per-unit cost and reduces waste by using less packaging. Keep the same principle in mind when you buy supplies like toner or recycled paper. Look for the words "high-efficiency" or "high-capacity" to denote bulk-sized items that lower your per-print or per-unit cost.

  2. Replace stand-alone devices with MFPs. Instead of buying several individual fax machines or printers, buy one product that can print, copy, scan and fax. You'll save money by purchasing supplies for only one device instead of several. Plus, you'll cut energy use you would have used to power separate devices.

  3. Choose energy-saving products. Save money on energy bills by choosing Green Label and Energy Star compliant printers and multifunction printers. Make sure ENERGY STAR is enabled before you start using the equipment. Some Fuji Xerox products can learn your workgroup's usage patterns and automatically adjust between power saving and ready modes to help conserve energy.

  4. Look for environmentally responsible print technologies. Scientific breakthroughs like Xerox-proprietary Emulsion Aggregate (EA) Toner and Solid Ink allow you to print more while creating less waste. EA Toner, delivers sharper, more uniform image quality, longer fuser life, better reliability and lower total cost of ownership over the life of a machine. Solid Ink products use cartridge-free blocks of ink instead of toner. Solid Ink is easy to use, cost-effective and produces up to 90% less waste than comparable color laser printers.

  5. Duplex print and copy. Using both sides of a page is the best way to reduce paper use. Double-sided printing is available on most Xerox products, as is a document feeder that can scan both sides of a page at once for fast double-sided copying.

  6. Adjust print driver default settings. Customize your print drivers to become more eco- and budget-friendly. Choose duplex printing as your "default" mode and adjust settings for specific applications, such as always printing emails in black-and-white. Xerox drivers offer the unique ability to customize print settings for each application, allowing you to automatically apply these custom settings each time you print.

  7. Use recycled paper and recycle used paper. Recycling paper fiber saves trees, energy, water and chemicals. Keep a recycling box at each desk to make it easy to collect used paper. And choose environmentally preferable papers such as recycled content papers, and papers certified to sustainable forest management standards (FSC or SFI).

  8. Use scanning to enable digital workflows. Xerox multifunction printers can be your on-ramp for turning paper files into electronic ones. Scanning documents makes them easy to archive, share, email and retrieve. This saves time spent searching for information, and saves money by reducing paper document warehousing or storage costs.

  9. Implement secure printing which holds jobs at the device until a user enters a PIN to claim them. A time-out feature deletes unclaimed jobs, preventing stacks of forgotten prints from piling up at the device. Xerox Secure Print also prevents unauthorized viewing of sensitive documents – a necessity in many legal, health care and financial organizations.

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