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Notice of Intent DE-FOA-0003423: Energy Improvements in Rural or Remote Areas FY24 Funding Opportunity Announcement DE-FOA-0003428

Up to $50,000,000
Type
GRANTS AND FUNDING
Application Difficulty
EASY
Application DeadlineSeptember 30, 2024
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is designed just for businesses like yours in rural or remote areas. By applying, you can unlock funding for clean energy projects that will not only help lower your energy costs but also create new economic opportunities for you and your community. You'll gain access to resources for materials, equipment, and labor, which can help you develop innovative solutions tailored to your unique business needs.

There are no strict financial constraints or repayment conditions, so you can focus on growth without the stress of complicated repayments. Additionally, the knowledge and skills gained through this program can enhance your business's resilience and contribute positively to your community. This is a chance for you to make a difference while elevating your business.

With flexible funding options and support, this is an excellent opportunity to invest in sustainable energy projects that benefit not just you but also the people around you. Take this chance to be a part of the clean energy movement while boosting your business’s potential.

Financing Details

Type of Financing
Eligible businesses can receive a grant. This means you don’t have to pay it back, which is a big win for your budget!

Repayment Terms and Interest Rates
Since this is a grant, there are no repayment terms or interest rates tied to the funding. You can use the money as intended without worrying about future debts.

Eligible Expenses
The grant can cover a range of expenses related to clean energy projects. This includes costs for materials, equipment, labor, and other resources. You can also use the funds for activities like community outreach or workforce development programs.

Ineligible Expenses
It's important to note that the funds cannot be used for personal expenses, unrelated projects, or any activities that don't support the goals of the clean energy initiative.

Associated Fees
There are no fees associated with applying for or receiving the grant. It's a straightforward opportunity designed to support your clean energy projects without hidden costs.

Qualifications

  • Location: Business must be located in rural or remote areas across the country.
  • Employees: No minimum or maximum number of employees required.
  • Company Revenue: No minimum or maximum revenue qualifications.
  • Legal Structure: All legal structures are eligible.
  • Profit Structure: All profit structures are applicable.

Disqualifications:

  • None mentioned.

Description

This program is designed to support clean energy projects in rural or remote areas. You can receive funding to help lower energy costs, increase access to energy, and create economic opportunities in your community. It's perfect for businesses looking to invest in projects that are good for the environment while also providing tangible benefits to local residents.

The money you receive can be used for materials, equipment, labor, and other resources needed to develop these clean energy projects. This can also include costs related to community engagement or workforce development. You will have flexibility in how you use the funds, ensuring they align with the unique needs of your business and community.

There's no set limit on how much funding is available, or any specific conditions on repayment. This means you can focus on growing your business and building clean energy solutions without the worry of strict financial constraints. This program is an excellent opportunity to elevate your business while making a positive impact on your environment and community.

Program Steps

  1. Gather Necessary Information
    Make sure you have details about your clean energy project and how it will benefit your business and community.

  2. Prepare Documentation
    You'll need the following documents to complete your application:

    • Business identification (e.g., business license or registration)
    • Project proposal outlining your clean energy initiative
    • Budget plan detailing your funding requirements
    • Proof of community engagement or support
    • Any relevant environmental assessments
    • Financial statements (if applicable)
  3. Complete the Application Form
    Access the application form on the program website. Fill it out with accurate information about your business and project.

  4. Submit Your Application
    Carefully review your application and submit it by the specified deadline. Make sure all documents are attached.

  5. Follow Up
    After submission, follow up with the program administrators to confirm that your application was received and check the status.

  6. Prepare for Potential Interviews or Discussions
    Be ready to discuss your project further, as additional information may be requested by the program representatives.

Visit Program Website