Grants

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Permalink Reply by John Nistler on October 15, 2009 at 7:19am

Hi BJ,
Constantly! :-) Both US and EU. My experience has been, it is not easy. There are people who do this full time to make a living, but as a small company it is difficult to stay on top of the grant process. New developments by individuals and companies do not always coincide with when grant money is available.

Big money/industry/universities are usually involved. It is a very political setup. Presently there is a lot of money available for CO2 sequestion, but not any money available for alternative energies.

There are production tax credits available, on the IRS site you can obtain information and you can get up to a 35% PTC assuming your making money. The Texas Emerging Technology Fund in my opinion and many others is a waste of time.

Look into www.grants.gov - It takes some work, but you may be able to find something there. Good luck.

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Permalink Reply by SJC on October 15, 2009 at 10:12am

There are usually token trickle down programs, but little direct investment money to start and expand new business. It would be great if some of the ARRA money went through the Department of Energy to start and expand new companies in the renewable and alternative energy sector, but so far I have not seen much.

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