This program is tailor-made for businesses engaged in carbon removal technologies. If you are developing innovative solutions to capture carbon from the atmosphere, this is your chance to secure funding for research and development. You can create pilot test centers, demonstrate technology, and make significant strides in sustainability without worrying about employee numbers or revenue limits.

Applying to this program can offer you financial support that allows you to focus on your projects, ultimately leading to advancements that can set your business apart in an ever-growing green economy. With no maximum budget specified, you may find the resources to take your ideas further than ever before. Being approved gives your business the backing it needs to tackle the pressing issue of climate change, while showcasing your commitment to environmental betterment.

In short, this program is not only an opportunity for funding but also a chance to lead in an important sector. It's an easy step towards making your projects a reality and contributing to a sustainable future.

The financing provided through this program is a grant. This means that you do not have to repay the money, making it an excellent opportunity for your business to grow without the burden of additional debt.

Eligible Expenses:

• Funds can be used for technology research and development.
• Eligible projects include demonstrations and prototype or pilot research test centers aimed at carbon removal.

Restrictions on Use of Funds:

• You cannot use this funding for projects that benefit petroleum or gas production, processing, or refining.

Fees and Costs:

• There are no associated fees for applying to this program. All funding provided is free of charge, allowing you to focus on your projects without hidden costs.

• Location: Available in specific states (details not provided).
• Sectors: Open to all sectors.
• Legal Structure: All legal structures are allowed.
• Profit Structure: All profit structures are eligible.
• Employees: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue qualifications.

Disqualifications

• Ineligible Projects: Projects that benefit petroleum or gas production, processing, or refining through enhanced oil or gas recovery are not eligible.

This program is designed to support advanced technologies for capturing carbon from the air. If you’re working on innovative projects in this area, you can receive funding to help you research and develop your ideas. This might include technology demonstrations or creating pilot test centers specifically for carbon removal.

Your business can benefit from this by utilizing the funds for various aspects of research and development, without any strict revenue or employee limits. This means whether you’re a small startup or a larger enterprise, you can access resources to push your carbon capture projects forward.

While there’s no specific budget limit mentioned, the emphasis is on projects that do not involve enhancing petroleum or gas production. This opens doors for you to engage in innovative projects that truly focus on sustainability and environmental benefits. The program aims to empower businesses like yours to take meaningful steps in reducing atmospheric carbon.