Newsletter Subscription
Sign up to receive Alliance email newsletters!
|
Home > News > California State Assistance Fund for Enterprise, Business and Industrial Development Corporation
California State Assistance Fund for Enterprise, Business and Industrial Development Corporation
|
Name |
California State Assistance Fund for Enterprise, Business and Industrial Development Corporation |
Status |
|
|
|
|
Active |
|
|
Funding Mechanism |
Loan fund |
|
|
|
|
|
|
Duration |
1988 - 2001 |
|
|
|
|
|
|
Objectives |
To provide energy efficiency to small businesses and non-profit organizations for equipment that conserves, produces or controls energy use in new or existing facilities. |
|
|
|
|
|
|
Sponsors |
State of California – Energy Commission |
|
|
|
|
|
|
Eligible Sectors |
Small Businesses and non-profits. |
|
|
|
|
|
|
Eligible Projects/Technologies |
Lighting changes, management systems, alternate energy systems, pump process of refrigeration system improvements, weatherization, HVAC system upgrades, and cogeneration. |
|
|
|
|
|
|
Fund Endowment |
US$ 2,750,000 |
|
|
|
|
|
|
Terms |
|
|
|
-Funding Instruments |
Loans |
|
-Interest Rates |
4 to 5 % |
|
-Payback |
5 years |
|
-Size |
Up to US $350,000 |
|
-Collateral |
Project |
|
-Share of loan in project cost |
|
|
-Loan criteria |
|
|
|
|
|
|
Comments |
|
|
|
|
|
|
|
Sources |
California Energy Commission |
|
|
|
|
|
Contact Information |
|
|
|
