Wednesday, July 29, 2009

New clean energy business loans available

From a news release issued by New North:

The State of Wisconsin, with funding from the federal Recovery and Reinvestment Act of 2009, is strategically deploying $55 million in funds to support clean energy business development across Wisconsin.

Specifically, the State Energy Program will target low-interest loans to businesses that promote:

+ Major renewable energy production projects;
+ The manufacture of clean energy products;
+ Advanced manufacturing of clean energy components;
+ Retooling to provide component parts and other critical needs for a successful, totally integrated supply chain;
+ Improving industrial users' competitiveness through energy efficiency and renewable energy deployment.

All for-profit manufacturing businesses are eligible.

To find out more about the opportunities available through this program, and to apply, please visit http://commerce.wi.gov/BD/BD-SEP-ARRA.html.

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