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For Immediate Release
7/25/08
Back to Releases
$1 Million Available To Small Businesses For
Improvements In Energy Efficiency
Time is limited to apply for assistance.
Applications available at
www.depweb.state.pa.us keyword: SBAdvantage
HARRISBURG – Small businesses looking for
help in implementing energy-efficiency and pollution-prevention projects
as a way to cut costs can now apply for assistance through the 2008
Small Business Advantage Grant Program. This $1 million program will
allow businesses to save at least 15 percent annually by
providing a 50 percent matching grant of up to $7,500 to help defray the
costs of purchasing new equipment or implementing new processes that
reduce energy consumption and costs, and prevent pollution.
Senator Pippy voted in favor of legislation authorizing this program
earlier this month.
Small Business Advantage grants are awarded on a first-come, first-serve basis once the applications have
been reviewed for their eligibility requirements. All interested parties
are encouraged to submit complete applications as early as possible and
before the August 29 deadline.
To be eligible, an applicant must be a for-profit corporation, LLC, partnership, sole proprietorship or other
legal entity with no more than 100 full-time employees. Applicants may
be manufacturers, retailers, service providers, mining operators or
agricultural businesses. The entity must be a separate legal business at
the time the application is submitted and located within the
Commonwealth. The grant-supported project must also be located
within a Pennsylvania facility belonging to the applicant and must save
the business at least 15 percent in energy or pollution-related expenses
annually.
"Changing technology and innovative practices are making it possible
for small businesses to cut energy costs and reduce pollution. Small
businesses are the backbone of our economy and these grants will help
them improve their bottom lines while benefiting the entire community," said
Pippy.
CONTACT:
Matt
Campion (717) 787-5839
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