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GFO-23-318 – BRIDGE 2024: Bringing Rapid Innovation Development to Green Energy

Up to $25,800,000
Type
GRANTS AND FUNDING
Application Difficulty
EASY
Application DeadlineNovember 23, 2024
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is a fantastic opportunity for your clean energy business. It offers non-dilutive matching investments, allowing you to secure funding without giving away any ownership. With this support, you can develop your technology further and mobilize early-stage capital to get your projects off the ground. This helps you move closer to market adoption, ensuring your innovations see the light of day.

One of the biggest advantages is that there is no payback period required for these investments. You can prioritize your growth and focus on what matters—your business—without the stress of immediate repayments. This way, you retain full control and can invest fully in your ideas.

By applying, you tap into a system designed to reduce the gap between funding cycles specifically for promising clean energy technologies. This is your chance to leverage support aligned with market interests and position yourself for success now and in the future. Let's get you started on this journey toward innovation!

Financing Details

Type of Financing

This program offers non-dilutive, matching investments. That means you receive funds without giving up any ownership in your company. It’s a great chance to secure the capital you need while keeping control of your business.

Repayment Terms and Eligible Expenses

There are no repayment terms associated with this funding, so you don’t have to worry about paying back the money. Eligible expenses typically include costs related to research and development, marketing, operations, and any funds needed to advance your clean energy projects.

Limitations and Fees

The funds cannot be used for personal expenses or unrelated business activities. There are also no application fees for this program, making it a cost-effective option to boost your business.

Qualifications

  • Location: Available across the country.
  • Sectors: Open to all sectors.
  • Legal Structure: All legal structures are eligible.
  • Profit Structure: All profit structures are eligible.
  • Employees: No minimum or maximum employee requirements.
  • Company Revenue: No minimum or maximum revenue qualifications.

Disqualifications:

  • None specified in the context.

Description

You have a unique opportunity to tap into non-dilutive matching investments that can fuel your clean energy projects. This program is designed to help start-ups like yours bridge the gap between funding cycles. By securing this investment, you can move your promising clean energy technology closer to market adoption.

The funding can be used for various purposes, including developing your technology and mobilizing early-stage capital. This support is tailored for projects that have already gained traction in the market, giving you a solid foundation to build upon.

Since there's no payback period required for these matching investments, you can focus on innovation without worrying about immediate repayments. This means you keep full control of your business while benefitting from the support you need to thrive in the clean energy space.

Program Steps

  1. Visit the Program Website
    Go to the official program website to find detailed information and resources.

  2. Understand Funding Guidelines
    Review the funding guidelines to ensure your clean energy projects align with program objectives.

  3. Prepare Documentation
    Gather the necessary documents for your application:

    • Business plan detailing your clean energy project
    • Financial statements from the previous year
    • Market analysis showing the demand for your technology
    • Technical documentation or prototypes of your innovation
    • Letters of support or partnership agreements, if applicable
  4. Complete the Application Form
    Fill out the application form provided on the program website with accurate and relevant information.

  5. Submit Your Application
    Review your application for completeness and submit it through the designated online platform.

  6. Follow Up
    After submission, keep track of any communications from the program administrators regarding your application status or additional steps.

Visit Program Website