This program is a fantastic opportunity for you to enhance your business's efficiency and sustainability. You can receive up to $150,000 to cover 75% of the costs associated with a feasibility study that evaluates how to capture and distribute thermal waste. This funding allows you to explore innovative solutions without the burden of repayment, as it comes in the form of a grant.

By applying, you position your business to lower operational costs through improved energy efficiency. Understanding how to utilize waste heat could lead to significant savings in the long run, making your business not only more profitable but also more environmentally friendly. Since the program is available to all sectors, it truly caters to a wide range of businesses, allowing you to tackle this critical aspect of operation regardless of your industry.

Qualifying for this program is straightforward, and you won’t face excessive hurdles. It’s designed to support you without requiring extensive revenue or employee numbers. Embrace this chance to innovate and grow your business through effective energy solutions.

This program offers a grant funding structure. This means that the money you receive does not need to be repaid.

Repayment Terms and Interest Rates

• Repayment: There are no repayment terms for this grant, so you won’t have to worry about monthly payments or interest piling up.
• Interest Rates: Since it’s a grant, there are no interest rates to consider.

Eligible Expenses

The funds can cover 75% of costs, up to $150,000, specifically for a feasibility study. This includes expenses related to assessing both the technical and financial feasibility of implementing infrastructure to capture and distribute thermal waste.

Restrictions and Fees

While the funds are flexible, they cannot be used for:

• General operating expenses or administrative costs not related to the feasibility study.
• Capital expenditures that fall outside of the study’s purpose.

Additionally, there are no fees associated with applying for or receiving the grant. This means you can focus on your project without hidden costs impacting your funding.

• Location: Available across the country.
• Sectors: Open to all sectors.
• Employees:
  • No minimum number of employees required.
  • No maximum number of employees required.
• Company Revenue:
  • No minimum revenue qualifications.
  • No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None specified in the context provided.

This program offers up to $150,000 in funding to help you conduct a feasibility study. The funding can cover 75% of your costs associated with evaluating the technical and financial aspects of capturing and distributing thermal waste. This is a chance to explore new ideas that could lead to more efficient energy use in your business.

The money you receive can be used to assess the potential in your operations for waste heat recovery. This could save you money in the long run by improving energy efficiency and lowering operational costs. Additionally, this initiative supports businesses across all sectors, making it a versatile option regardless of your industry.

Most importantly, you don’t have to pay back this funding! It’s a grant designed to support your growth. Taking this step can position your business to innovate and become more sustainable, which is crucial in today’s market.