Industrial Financial Resources
The
U.S. Department of Energy Office of Industrial Technologies provides
about $100 million annually in cost-shared funding for R&D. Funding
is awarded through an open, competitive solicitation process. The solicitations
typically require collaborative partnerships, which may include manufacturers,
universities, suppliers, national labs, and state government. Industry
partners are generally expected to provide matching funds (usually equal
to the Federal investment).
The
Maryland Industries of the Future program was developed to cultivate
research and development partnerships and we are well positioned to
bring together partners to respond to the DOE solicitations. The Maryland
Energy Administration will work with you to prepare a response to any
DOE solicitation and is prepared to offer non-financial support for
the development of the project.
For more information, contact Jenn Gallicchio
(410) 260-7542.
Detailed
information on the solicitations listed below can be found on DOE’s
webpage.
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Maryland Financing Resources
- Maryland
Economic Development Assistance Authority and Fund
Five financing capabilities are offered in this incentive program. The
assistance is provided to a business or Maryland Economic Development
Corporation as a loan and the maximum assistance cannot exceed the lesser
of $10 million or 20 percent of the current fund balance.
- Maryland
Industrial Development Financing Authority
This program encourages private sector financing for economic development
projects in the Priority Funding Area. It encourages the use of insurance,
the issuance of tax-exempt and taxable revenue bonds and linked deposits.
Insurance use reduces a lender's risk in the project to an acceptable
level.
- The Manufacturing Extension Partnership
Small and medium-sized manufacturers can get assistance with process improvement,
energy audits, financial planning, quality management systems, business
management systems, and more. See the Maryland Center resources at www.MTES.org,
or call (301) 405-3903.
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Federal Financing Resources
- Advancing Manufacturing Competitiveness:
A Practitioners' Guide to Federal Assistance
A Northeast-Midwest Institute publication. The Foreword and Table of Contents,
specifically chapters 2 and 3, may be helpful to the reader interested
in financing industrial energy efficiency. Chapter 2: Technology Development
and Transfer, and Chapter 3: Technology, Business, and Management Assistance
will be helpful with resource information.
- U.S. Department
of Energy -- E-Center
The E-Center is DOE's information web site for conducting business. It
includes links on current existing business opportunities and information
concerning statutory and/or regulatory information on procurement, financial
assistance, personal property, contractor human resources management,
professional development, or business practices.
- U.S. Dept.
of Energy, Energy Efficiency and Renewable Energy
EERE's web site contains information on financial opportunities available through the DOE for energy efficiency and renewable energy technology.
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- Advanced Energy
A nonprofit specializing in industrial process technologies, motors and
drives testing, and applied building science. Their focus is helping utilities,
industrial, and residential customers improve their returns on energy
investments. Industries can get assistance in testing new equipment, developing
new products, and improving manufacturing processes.
- Energy Technology
Development Group
This company develops integrated systems to monitor and diagnose the operating
state of complex engineered processes from electrical and thermal power
generation and distribution to the end use of energy in industrial and
residential facilities.
- Industrial Materials for the
Future
This new program within the Office of Industrial Technologies is a combination
of the Advanced Industrial Materials (AIM) and Continuous Fiber Ceramic
Composite (CFCC) programs. Its purpose is to research, design, develop,
engineer, and test new and improved materials for the Industries of the Future program.
- National Association of
Energy Service Companies
This national association of energy providers works to promote innovative
policies in the changing energy field. Its wide membership reflects, energy
service companies, utilities, energy equipment manufacturers, electric
power and gas marketers, allied trade associations, financial institutions,
and others.
- National Institute of Standards and Technology
NIST works to increase U.S. global manufacturing competitiveness through
developing technologies, measurement methods, and standards. This site
contains links for specific industries and resources such as the NIST
Manufacturing Extension Partnership, a nationwide network of nonprofit
centers working to assist small and medium-sized manufacturers.
- U.S. DOE, Energy
Efficiency and Renewable Energy network
Industry uses more than one-third of all energy consumed in the U.S. and
certain industries use large amounts of energy per unit of product. The
highest energy-intensive industries of agriculture, aluminum, chemical,
forest products, glass, metalcasting, mining, petroleum and steel are
specific areas for energy efficient technologies.
- U.S. Energy
Information Administration
EIA's energy efficiency report for industrial energy consumption contains
statistical and historical data. For those who are interested
in as thorough and complete analyses of energy use in the industrial sector
as possible, this web site will be of interest.
- U.S. Environmental
Protection Agency, Energy Star Program for Industry
Product manufacturing is enormously energy intensive making energy efficiency
the main concern for saving both energy and money. The manufacturing sectors
of motors and drives, steam, compressed air, combined heat and power systems
are the major users of energy. This web site offers links for programs
assisting manufacturers in each category.
- U.S. DOE Office of Industrial
Technologies (OIT) Industrial Assessment Centers
This OIT program provides comprehensive industrial assessments at no cost
to small and medium-sized manufacturers. Engineering faculty and student
teams located in 26 universities around the country conduct the assessments
and energy audits and also provide recommendations to improve productivity,
reduce waste, and save energy.
- Ernest Orlando Lawrence
Berkeley National Laboratory, Industrial Energy Use Analysis
Provides policy makers with energy analysis information of industrial
sectors. Synthesized performance data and information is given on energy
efficient technologies and policies supporting sustainable activities.
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