This program is tailored for businesses like yours, focused on developing technologies that secure a domestic supply of critical minerals and materials. While applications are not accepted yet, it’s important to start planning. Once the program launches, you will have access to grants that support innovative processes in areas such as recycling and recovery of rare earth elements.

Why should you apply? Because this funding represents a chance to stay ahead of the competition in a growing market that benefits not just your business, but the country as well. The program is flexible, accommodating all types of business structures and revenue levels, which means you can tailor it to your unique situation.

Being approved can significantly boost your operations. It can provide the financial backing needed to advance your projects, allowing you to innovate without the typical financial constraints. By preparing now, you set yourself up to take full advantage of these opportunities when they become available.

Type of Financing

This program offers grants to eligible businesses engaged in the development of critical minerals and materials. These grants do not require repayment, which means you can use the funds without the burden of debt.

Eligible Expenses

You can use the funding for a variety of expenses, including:

• Research and development of critical mineral extraction processes.
• Equipment purchases related to the production of rare earth elements.

• Operational costs associated with project implementation.

  These expenses help propel your business forward while contributing to sustainable resource management.

Restrictions and Fees

Funds cannot be used for:

• General corporate overhead.
• Activities unrelated to the specified areas of interest.

Additionally, there are no fees associated with this program, making it a cost-effective opportunity for your business as you grow and innovate.

• Location: Available across the United States.
• Sectors: Open to all sectors.
• Employee Requirement: No minimum or maximum number of employees.
• Revenue Requirement: No minimum or maximum company revenue.
• Legal Structure: All legal structures applicable.
• Profit Structure: All profit structures applicable.

Disqualifications:

• Currently, no applications are being accepted.
• This is a Notice of Intent; thus, the program is not yet accepting applications or providing funding.

This program is designed to support the development of technology that secures a domestic supply of critical minerals and materials. This is a great opportunity for your business if you're involved in sectors that can help innovate in areas like recycling, carbon-based feedstocks, and the recovery of rare earth elements.

While applications are not being accepted yet, it’s important to know that funding will be available once the program officially launches. This means you can potentially tap into resources that can help grow your efforts in an essential area that benefits the entire country.

The benefits for your business include access to grants focused on new processes and technologies that could position you at the forefront of this emerging market. This program is flexible too, as it applies to all business structures and revenue levels, meaning it can cater to your specific needs regardless of your current size or status.