The goal of this funding is to modernize facilities, improve energy and material efficiency, increase productivity, reduce emissions at small- and medium-sized manufacturers (SMMs), and to direct the benefits of federal investments to disadvantaged communities.
The US Department of Energy plans to award up to $80 million in the current round of funding. Each recipient could receive up to $300,000 and a maximum 50% federal cost share.
Our experts at Cascade can help determine the best efficiency-first decarbonization strategy that will not only set you up for decarbonization success in the future but will also make sure you keep saving overtime. By prioritizing low to negative cost decarbonization projects, you will be ready to tackle larger projects that require a higher spend.
If your SMM fits the initial eligibility criteria, your project will be evaluated based on Impact and Feasibility, Financial Assistance Need, and Community Benefits.
Learn more about eligibility and how to apply here: Industrial Research and Assessment Center Implementation Grants | Department of Energy
Application deadline is July 14th!