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Green Grants
Renewable energy sources are an increasingly popular means of decreasing energy consumption and reducing dependence upon fossil fuels. Going green, however, costs a lot of money and may be out of reach for individuals, small companies and farms, despite how much they would like to do their part for the environment. That is why the government is offering green grants and cash-back reward incentives for homes, businesses and organizations converting to renewable energy methods.
This green grant money comes major from federal money allocated to renewable energy initiatives at state levels, but many states also have surcharges on utility bills, often referred to as benefit charges, and funds which are used as a source for alternative energy grant funding.
The exact amounts of green grants vary from state to state and city to city and the percentage of total project costs covered by a grant can vary from 15% to 100%. Most grants however cover about 50%, helping to offset the costs of installing or investigating renewable energy systems. That means that individuals getting an initial assessment, or who are implementing changes in their current systems, can have at least some of their expenses subsidized by a green grant. Home owners looking to convert their electric or hot water systems to solar powered ones are excellent candidates for these free green grants.
Green grants are important and available because the government wants to support and develop new methods of green energy that are not able to compete in current markets because of the cost of conversion. Because of their importance green grant applications are usually processed quickly and can be submitted each month.
Both small and large business owners can also take advantage of the green grants offered and get their business more energy efficient. These business owners are eligible for additional green grants targeted at businesses, such as the Rural Energy for America Program (REAP). This program is government funded and acknowledges that many rural areas are expensive to bring energy to. Thus REAP gives grants to many farms and small businesses to invest in green energy such as biomass (the conversion of organic waste or produce into energy), solar, wind, water and geothermal technologies.
While there are few private funding sources for green grants, there is one that can’t be overlooked: the Kresge Foundation. This foundation has been offering grants under their Green Building Initiative Program for large construction projects specifically geared toward planning and design. This fund values environmental conservation and thus helps fund building projects with sustainable environmental initiatives.
State Grant Programs
Every state is a major source of financial aid assistance to
small business and education programs. Each state has a vested interest in
promoting small business and educating their residents. More small business
results in increased tax revenue. Educated residents attract businesses.
The live database connects you directly to your states
grant making agencies.
Federal Programs
Every year, the US Government distributes billions of dollars
to businesses and individuals.
Politicians understand small business is fast becoming the lifeline of
the American Economy and will employ millions of people in the future.
A vibrant small business sector means a vibrant tax base. The federal government
will distribute grants to average people to help them start their business.
The federal government also distributes grant money to men, women and children
to help them attend college and to help with everyday living expenses and
unforeseen expenses such as medical expenses. Our Grant Directory categorizes
all these programs for you. Simply choose any applicable category and link
directly to the grant making agency.
Private Foundations
Private Foundations
are usually formed by wealthy corporations, thrusts and individuals to benefit
individuals and small business using FREE GRANT money .These organizations are required to distribute 5% of their total assets
each year to maintain tax exempt status. Each foundation targets certain
segments of the population with specific needs, sometimes in certain geographical
areas. Some grant money to businesses, others grant money to individuals
like you and me to cover the costs of everyday living expenses. There is
an extensive list of private grant foundation in the Grant Directory and
we connect you to databases and resources where you can find thousands
more. You can begin accessing these foundations online today via the live database!
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