Description

The Wisconsin Economic Development Corporation and The Wisconsin Department of Administration are offering private sector businesses eligible for low interest loans up to $1,000,000 from the CERLF for projects that fulfill any of the following objectives:

• Increasing energy efficiency through the reduction of industrial/manufacturing facility use of fossil fuels
• Eliminating or reducing waste products through conversion to feedstock for energy production
• Producing biogas

The loan will carry an interest rate of 2% from date of disbursement up to seven years or life expectancy of the equipment being finances, whichever is less. Match must be at least 51% of Total Project Cost. The envrionmental Impact of the project is considered.

Other cost-effective energy reduction or clean energy projects will also be considered for funding through the $7 million CERLF fund.

Visit the program website for details on how to apply.