Last DSIRE Review: 08/11/2009
Program Overview:
| State: |
North Carolina |
| Incentive Type: |
State Grant Program |
| Eligible Efficiency Technologies: |
Comprehensive Measures/Whole Building, Custom/Others pending approval, Yes; specific technologies not identified |
| Eligible Renewable/Other Technologies: |
Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Hydroelectric, Renewable Transportation Fuels, Geothermal Heat Pumps, CHP/Cogeneration, Hydrogen, Renewable Energy Technologies, Tidal Energy, Wave Energy, Refueling Stations, Renewable Fuels, Other Distributed Generation Technologies |
| Applicable Sectors: |
Commercial, Nonprofit, Local Government, State Government, Agricultural, Institutional |
| Amount: | Varies by award | | Maximum Incentive: | $100,000 | | Funding Source: | N.C. General Assembly (general appropriations) and the federal American Recovery and Reinvestment Act of 2009 |
| Web Site: |
http://www.ncscienceandtechnology.com/gbf/index.htm
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Summary:
The North Carolina Green Business Fund, created in 2007, provides funding to North Carolina small and mid-size businesses, nonprofit organizations, state agencies and local governments to encourage the development and commercialization of "promising" renewable energy and green building technologies. Grants of up to $100,000 are available for the development of commercial innovations and applications in the biofuels industry, sustainable building practices and private sector investment in renewable energy technologies. North Carolina-based businesses and nonprofits with fewer than 100 employees, as well as state and local governmental entities, are generally eligible.
Grants in the green building sector may be awarded for innovation in areas of installation, certification or distribution of green building materials; energy audits; workforce development; and marketing and sales. For private sector investment in clean technologies, grants may target renewable energy deployment, biomass energy projects, waste reclamation for energy, implementation of energy efficiency technologies and clean distributed generation infrastructure improvements. Grants are also available for the development, production and distribution of biofuels in North Carolina.
The 2008-2009 funding round had a total of $950,000. The fund was greatly expanded by SB 202 of 2009 using money allocated to the state by the federal American Recovery and Reinvestment Act of 2009, increasing the fund amount to $5 million for the 2009-2010 fiscal year. The funding round for the 2008-2009 is complete and awardees will be notified. More information about the 2009-2010 solicitation will be made available at the website above as the details are finalized.
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