California offers $30M clean-tech loan program (San Francisco)
California clean tech businesses can compete for $30 million in low-interest loans funded by the federal stimulus. The Clean Energy Business Financing Program was developed by the California Energy Commission as a way to put to work hundreds of millions in stimulus money offered to the state though the State Energy Program.
The California Business, Transportation, and Housing Agency is administering the program with four Financial Development Corporations.
The program is open to California businesses that “want to expand, diversify or retool existing facilities to manufacture eligible energy efficiency of renewable energy products, components, systems or technologies,” according to the California Energy Commission.
Read the full post in the San Francisco Business Times.
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