GFO-24-601 – Light-Duty Hydrogen Infrastructure Build-Out
Highlights
We understand that finding funding can feel like a maze. This program is specifically designed for businesses like yours in San Francisco County and Sacramento County, aiming to boost your capabilities in the burgeoning hydrogen market. By applying, you can access competitive grants of up to $15 million, which can greatly assist you in building or enhancing hydrogen refueling stations without the burden of repayment.
The funding allows you to allocate resources towards both capital expenditures and operations and maintenance, helping you tackle any cost-related challenges. This means your business can not only improve its infrastructure but also enhance the customer experience, positioning you as a key player in California's clean transportation future. Additionally, there are no specific payback conditions, so you can focus on growth rather than financial pressures.
Applying is straightforward, and given your qualifications, the potential to secure substantial support for your business is a compelling reason to act. This program is more than just funding; it's an opportunity to lead in an evolving market.
Financing Details
The financing provided is a grant. This means you do not need to pay it back. Grants are a great way to secure funding for your project without the burden of debt.
Eligible Expenses
The funds can be used for:
- Developing light-duty hydrogen refueling stations
- Supporting capital expenditures for operational costs
- Covering operational and maintenance costs for existing stations that have faced disruptions
Ineligible Expenses
The funds cannot be used for:
- Non-public refueling station projects
Any costs associated with private or personal use
Fees
There are no fees associated with applying for or receiving this grant. It’s straightforward—apply, receive funding, and use it to improve your project without worrying about hidden costs.
Qualifications
Qualifying Locations:
- Must develop light-duty hydrogen refueling stations in San Francisco County or Sacramento County, California.
Eligibility Criteria:
- Open to all sectors.
- No minimum revenue qualifications.
- No maximum revenue qualifications.
- No minimum number of employees required.
- No maximum number of employees required.
- All legal structures are applicable.
- All profit structures are applicable.
Disqualifications:
- No specific disqualifications mentioned.
Description
This program opens the door for competitive grants of up to $15 million. These funds are designed specifically for building hydrogen refueling stations and improving their operations in San Francisco County and Sacramento County. Your business can help support the growing California fuel cell electric vehicle (FCEV) market while taking advantage of this financial boost.
The grants can be used for various expenses, including capital expenditures and operations and maintenance (O&M). This means you can fund the development of new stations or enhance existing ones. If you've encountered challenges due to costs, this funding is aimed at helping you overcome those hurdles and get your project back on track.
There are no specific payback conditions, allowing you to focus on building and improving your infrastructure without the pressure of immediate repayment. With this funding, you can improve the customer experience and position your business at the forefront of California's clean transportation growth.
Program Steps
Gather necessary documentation:
You will need the following documents to complete your application:- Business registration and legal structure details
- Proof of your business location in San Francisco or Sacramento County
- Financial statements for the last three years
- Project proposal outlining your plans for building or enhancing hydrogen refueling stations
- Budget estimates for capital expenditures and operations and maintenance
Complete the application form:
Fill out the official application form available on the program website. Ensure that all sections are completed accurately.Submit the application:
Submit your completed application form along with the required documentation through the designated submission portal.Follow up and provide additional information if needed:
Keep an eye on your email for any communication regarding your application. Be prepared to provide additional information or clarifications if requested.Await funding decision:
After submission, review timelines will be communicated. Be patient while the review board assesses your application.Prepare for implementation:
If approved, review the terms of the grant and start preparing to implement your project.
