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Fiscal Year 2024 Solar Energy Supply Chain Incubator FOA

Up to $6,000,000
Type
GRANTS AND FUNDING
Application Difficulty
EASY
Application DeadlineOctober 07, 2024
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is a golden opportunity for your business to secure funding between $1 million and $6 million for projects focusing on solar technology. By participating, you can drive innovation in your company while securing financial support that doesn't require repayment. This means you can invest in research and development without the stress of paying back what you receive. You’ll also be playing a part in combating climate change, contributing to the advancement of clean energy solutions.

You can explore exciting areas such as photovoltaics or solar integration while also developing faster permitting systems for rooftop solar. Not only can this enhance your product offerings, but it can also streamline processes for you and your customers. Plus, the expertise available through Application Education Services empowers you to navigate the application process easily, ensuring that you can concentrate on what matters most—growing your business and supporting a sustainable future.

Financing Details

Type of Financing
This program offers a combination of grants, specifically for research, development, and demonstration (RD&D) projects. The funding will help de-risk solar hardware, manufacturing processes, and software products in the solar energy sector.

Funding Amount and Repayment Terms
Awards range from $1 million to $6 million. Importantly, these funds are not repayable, meaning you won't have to pay them back. There are no interest rates or repayment terms since these are grant funds.

Eligible Expenses
Eligible expenses include costs associated with:

  • Research and development of solar technologies
  • Manufacturing processes
  • Software development for solar applications
  • Demonstration projects directly related to solar energy solutions

Ineligible Uses
Funds cannot be used for personal expenses, general business operations unrelated to the solar projects, or costs that do not align with the outlined RD&D activities.

Fees
There are no fees associated with receiving this funding. The application and award process is designed to be straightforward to support your innovation in solar technology.

Qualifications

  • Location: Available across the United States.

  • Legal Structure: All legal structures are applicable.

  • Profit Structure: All profit structures are applicable.

  • Employees:

    • No minimum employees required.
    • No maximum employees required.
  • Company Revenue:

    • No minimum revenue qualifications.
    • No maximum revenue qualifications.
  • Eligible Applicants: Both for-profit and non-profit entities can apply.

Disqualifications

  • No specific disqualifications mentioned in the context provided.

Description

The program offers between $1 million and $6 million for your research and development projects focused on solar technology. This funding aims to improve the manufacturing processes and hardware that drive clean energy innovation. By participating, you can play a crucial role in supporting the government’s efforts to combat climate change and promote clean energy solutions.

Your projects can explore various exciting areas such as photovoltaics, solar power integration, and even innovations that tie solar with storage or electric vehicles. There are also opportunities to develop a system for a faster permitting process for rooftop solar installations, making it easier for you and your customers to move forward with clean energy solutions.

Importantly, you won’t have to pay back the money received under this program. This means you can invest in your business’s growth without worrying about repayment. By securing this funding, you can drive innovation in your company, enhance your product offerings, and contribute to a more sustainable future.

Program Steps

  1. Visit the Program Website
    Access the official program website to gather detailed information about the application process and requirements.

  2. Prepare Appropriate Documentation
    Compile the necessary documents for your application. You will need:

    • A detailed project proposal outlining your research and development goals
    • Financial statements or budgets that demonstrate your project's funding needs
    • Resumes or qualifications of key team members involved in the project
    • Letters of support or collaboration, if applicable
  3. Submit a Concept Paper
    Prepare and submit a concept paper by the deadline of July 19, 2024, at 5 p.m. ET. This paper should summarize your project’s objectives, scope, and potential impact.

  4. Participate in Application Education Services
    Engage with the Application Education Services offered to ensure you understand how to navigate the application process effectively.

  5. Finalize Your Application
    Complete the full application form based on the feedback received and the guidelines provided in the application education resources.

  6. Submit Your Application
    Submit your completed application before the deadline specified on the program website. Ensure that all required documentation is included.

  7. Await Notification
    After submission, monitor for notifications regarding the status of your application. Prepare to respond to any follow-up questions or requests from the program administrators.

Visit Program Website