Riverside County Office of Economic Development -Business Resource Guide

California Energy Commission Alternative and Renewable Fuel and Vehicle Technology Program Established by the California Alternative and Renewable Fuel, Vehicle Technology, Clean Air, and Carbon Reduction Act of 2007, the Energy Commission Alternative and Renewable Fuel and Vehicle Technology Program has annual program budget of approximately $100 million to support projects (through grants, loans, loan guarantees, revolving loans, etc.) that: • Develop and improve alternative and renewable low carbon fuels. • Optimize alternative and renewable fuels for existing and developing engine technologies. • Produce alternative and renewable low-carbon fuels in California. • Decrease, on a full fuel cycle basis, the overall impact and carbon footprint of alternative and renewable fuels and increase sustainability. • Expand fuel infrastructure, fueling stations, and equipment. • Improve light-, medium-, and heavy-duty vehicle technologies. • Retrofit medium- and heavy-duty on-road and non-road vehicle fleets. • Expand infrastructure connected with existing fleets, public transit, and transportation corridors. • Establish workforce training programs, conduct public education and promotion, and create technology centers. For more information visit: www.energy.ca.gov/renewables

RECYCLING MARKET

DEVELOPMENT ZONES (RMDZ)

The Recycling Market Development Revolving Loan Program (RMDZ) provides low-interest loans to private businesses and not-for-profit organizations to increase diversion of non-hazardous solid waste from California landfills and to promote market demand for secondary and post-consumer materials. The program can fund a maximum of 75% of costs directly attributed to an eligible project up to a maximum of $2,000,000 whichever is less. Eligible uses include: • Machinery and equipment • Working capital • Real estate purchase (maximum of $1,000,000) • Real estate improvements • Refinancing of onerous debt that results in increased diversion • Funds can also be used for financing loan closing points California Pollution Control Financing Authority (CPCFA) Green Bonds This program provides defined Green Bonds for pollution control and other environmental projects meeting commonly accepted standards for climate investments. For more information visit: https://www.treasurer.ca.gov/cpcfa/cpcfa-green bonds.asp For more information, visit: https://www.calrecycle.ca.gov/rmdz

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