BRG_v.43

kilowatt hour, while the Business Energy Investment Tax Credit is equal to 30% of expenditures. Eligible installations include solar, fuel cells, small wind turbines, micro-turbines, geothermal systems, and combines heat and power.

For more information on the SBA Microloan Program, visit: https://www.sba.gov/funding-programs/loans/ microloans. For more information on the CDC/504 Program, visit: https://www.sba.gov/offices/headquarters/ofa/ resources/4049. PRIVATE FINANCING Tech Coast Angels Angel investing isn’t just about money. It is also about mentoring, strategic advice and connections to customers, management and venture capital. Tech Coast Angels (TCA) is helping fuel the growth of the most innovative companies and entrepreneurs in Southern California. TCA’s 300 members devote time, expertise and capital to help companies grow and succeed. Companies benefit from working with a group of seasoned, well-connected advisors. That’s why TCA is the largest angel network in the U.S. and the number one source of startup funding in Southern California. TCA members have invested more than $120 million in more than 200 companies and have helped attract more than $1 billion of additional capital, mostly from venture capital firms. TCA operates five networks: Los Angeles, Orange County, San Diego, Inland Empire and Central Coast.

The Energy-Efficient Commercial Buildings Tax Deduction Program

The Energy-Efficient Commercial Buildings Tax Deduction Program provides a federal tax deduction for installation of interior lighting, building envelopes or heating and cooling systems to achieve energy savings. For more information on the Energy-Efficient Commercial Buildings Tax Deduction Program visit: https://www.energy.gov/eere/buildings/tax-incentives energy-efficiency-upgrades-commercial-buildings. Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program This program provides loan guarantees up to $250 million to assist in the development, construction and retrofitting of new and emerging technologies. These technologies are: advanced biofuels, renewable chemicals and biobased products. For more information on the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, visit: https://www.rd.usda.gov/ programs-services/biorefinery-renewable-chemical and-biobased-product-manufacturing-assistance. Federal Solar Investment Tax Credit (ITC) The ITC is a 26 percent tax credit for solar systems on residential (under Section 25D) and commercial (under Section 48) properties. The Section 48 commercial credit can be applied to both customer-sited commercial solar systems and large-scale utility solar farms. Visit for more information https://bit.ly/federal solar-investment-tax-credit

For more information on TCA, visit: www.techcoastangels.com. FEDERAL GRANTS Federal Grants

Businesses are eligible for many federal grants: https://www.grants.gov/ . The State of CA provides a weekly e-list of federal grant opportunities: https://bit.ly/fed-grant-updates. FEDERAL GREEN RESOURCES Federal tax credits for electricity-generating renewable energy systems (e.g., solar, fuel cells, etc.) that are roughly equal to 30% of eligible costs. The Renewable Electricity Production Tax Credit is based on a per

36

Made with FlippingBook flipbook maker