Regional Revolving Loan Trust Fund (New York)

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Last modified on November 28, 2012.

EZFeed Policy

Place New York

Name Regional Revolving Loan Trust Fund (New York)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator Empire State Development


The Regional Revolving Loan Trust Fund Program, coordinated by the Empire State Development program, is operated in six regions by nonprofit organizations and provides working capital loans (up to $75,000 or 50% of the total project cost) and loan guarantees (up to 80% or not to exceed $80,000) to small businesses employing fewer than 100 people. Priority is given to projects which create or retain jobs.