North Carolina Green Business Fund (North Carolina)
Last modified on February 12, 2015.
Financial Incentive Program
|Place|| North Carolina
|Name||North Carolina Green Business Fund|
|Incentive Type||State Grant Program|
|Applicable Sector||Agricultural, Commercial, Institutional, Local Government, Nonprofit, State Government|
|Eligible Technologies||Comprehensive Measures/Whole Building, Custom/Others pending approval, Biomass, CHP/Cogeneration, Geothermal Heat Pumps, Hydroelectric, Hydrogen, Other Distributed Generation Technologies, Passive Solar Space Heat, Photovoltaics, Renewable Fuels, Solar Space Heat, Solar Thermal Process Heat, Solar Water Heat, Tidal Energy, Wave Energy, Wind, Unspecified technologies, Renewable Energy Technologies|
|Energy Category||Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs|
|Amount|| Varies by award
|Start Date|| 2007-07-01
|Maximum Incentive|| 500,000
|Program Administrator||NC Board of Science and Technology|
Applications for grants under the 2011 solicitation were due by 2:00 PM on April 4, 2011.
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 $500,000 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 2011 solicitation had a total of $3 million. This solicitation is now closed.
|Contact Name||N.C. Board of Science and Technology|
|Division||ATTN: Green Business Fund Office|
|Address||301 N. Wilmington Street|
|Address 2||1326 Mail Service Center|
|Place||Raleigh, North Carolina|
|Phone|| (919) 733-6500
Authorities (Please contact the if there are any file problems.)
|Authority 1:||HB 1473 (2007)|
|Date Enacted|| 2007-07-31
|Authority 2:||SB 202 (sec. 14.12)|
|Date Enacted|| 2009-08-07
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.