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BIL - Carbon Utilization Procurement Grants under Bipartisan Infrastructure Law Section 40302

Up to $5,000,000
Type
GRANTS AND FUNDING
Application Difficulty
EASY
Application DeadlineApril 30, 2025
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program presents a valuable opportunity for your business to receive funding aimed at transforming carbon usage. By participating, you can develop alternative products from carbon emissions, significantly reducing greenhouse gas emissions and promoting sustainability. This is not just a step towards environmental responsibility; it's a chance to reshape your product offerings. Implementing more sustainable practices can enhance your market competitiveness and attract a growing eco-conscious customer base.

Importantly, the funding is structured as grants, meaning there’s no repayment required. This allows you the freedom to innovate without worrying about financial strain. With a focus on sustainability, you’ll be able to enhance your business model and operations while receiving financial support to achieve your goals. Plus, with wide-ranging eligibility across all sectors, this program is designed to support businesses of any size and legal structure.

In short, this is a significant chance to invest in a cleaner, greener future for your business, without the pressure of paying back the funds. It’s straightforward, impactful, and aligned with the growing trends towards sustainability—an opportunity you don’t want to miss.

Financing Details

Type of Financing
This program provides grants specifically designed for businesses involved in sustainable alternatives derived from carbon utilization. These grants do not require repayment, meaning you can use the funds without the pressure of debt hanging over your head.

Eligible Expenses
You can use these grants for a variety of expenses related to the development and deployment of carbon-utilizing technologies. Eligible expenses include:

  • Research and development activities
  • Technology deployment costs
  • Purchasing materials or equipment for production

Restrictions and Fees
It's essential to know what the funds can't be used for. These grants cannot be used for general operational costs or any debt repayment. As for fees, there are no associated fees with this program, so you can utilize the full amount awarded to your business.

Qualifications

  • Location: Available across the country.
  • Sectors: Open to all sectors.
  • Legal Structure: All legal structures are applicable.
  • Profit Structure: All profit structures are applicable.
  • Minimum Employees: No minimum employees required.
  • Maximum Employees: No maximum employees required.
  • Minimum Company Revenue: No minimum revenue qualifications.
  • Maximum Company Revenue: No maximum revenue qualifications.

Disqualifications:

  • There are no specific disqualifications mentioned in the context.

Description

This program provides a unique opportunity for your business to receive funding aimed at transforming how you use carbon. The funds can support the development and implementation of alternative products made from carbon emissions, helping to reduce greenhouse gas emissions and promote sustainability in your operations.

The goal is to enable businesses like yours to demonstrate that effective and sustainable alternatives are possible. By participating in this program, you can reshape your product offerings, leading to a more environmentally friendly business model.

Importantly, the funding is structured as grants, meaning you won’t have to pay it back. This gives you the financial freedom to innovate without the worry of repayment, allowing your business to focus on creating a positive impact while enhancing its market competitiveness.

Program Steps

  1. Gather Your Business Information
    Collect basic details about your business, including name, address, and contact information.

  2. Prepare Necessary Documentation
    Ensure you have the following documents ready for submission:

    • Proof of business registration
    • Tax identification number
    • Financial statements (last two years)
    • Project proposal outlining how the funding will be used to create alternative products from carbon emissions
    • Sustainability impact assessment (if available)
    • Letters of support from stakeholders or partners (if applicable)
  3. Complete the Application Form
    Fill out the application form provided on the program’s website with accurate information.

  4. Review Your Application
    Double-check all entries and ensure your supporting documents are included and correctly formatted.

  5. Submit Your Application
    Send your completed application and documents via the submission method specified on the program’s website.

  6. Follow Up
    After submitting, keep track of your application status and be ready to provide additional information if requested.

Visit Program Website