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Abstract: . . . who cannot find financing? 26. Is there anything else, or anyone else, that I should be talking about or to, related to these issues? Thank you for your time. Time: ________________ Page 69 APPENDIX B NRBP STUDY ON EVALUATING INVESTMENT OPPORTUNITIES FOR BIOMASS ENERGY PROJECTS INDIVIDUALS / ORGANIZATIONS VALUABLE IN SEARCH FOR FINANCING Page 70 APPENDIX B INDIVIDUALS / ORGANIZATIONS VALUABLE IN SEARCH FOR FINANCING The following . . . . . . above See above See above Loan guarantees for working capital assistance. See above See above See above Loan and grant combination for a portion of the cost of an infrastructure project. See above See above See above Investment and wage tax credits to encourage the creation of jobs in Economic Development Zones. See above See above See above Page 91 Page 92 NEW YORK STATE ENVIRONMENTAL FACILITIES CORP. (EFC) 50 Wolf Road Albany, . . . . . . development project leading to creation or retention of jobs principally for low and moderate income persons. Not eligible if located in Auburn, Bangor, Lewiston, or Portland. Must demonstrate that all other financing opportunities have been exhausted. Program provides grant to local government to loan or grant to finance fixed assets including capital equipment, commercial or industrial buildings, fixtures or property improvements. . . . . . . 3% lower than prevailing rates, up to maximum of $500,000 for up to 2 years Manufacturing business with 500 or fewer employees. Existing businesses only. Must be for an energy improvement or business expansion. Not for refinancing. . . . . . . economic development. Page 89 5.0 NEW YORK The search for economic development programs in New York State should commence at the Empire State Development Corporation. Information should be obtained at the appropriate regional office for information. Page 90 EMPIRE STATE DEVELOPMENT CORPORATION One Commerce Plaza Albany, New York 12245 518/486-6291 www.empire.state.ny.us PROGRAM/TYPE AMOUNT CRITERIA NOTES Direct loans for a portion . . . . . . TYPE AMOUNT CRITERIA NOTES Research and Development Program Grant Up to 50% of project cost up to maximum $200,000 Available to commercial, industrial, residential and utilities for eligible technologies including biomass. Linked Deposit Program Loan Subsidies through Empire State Development Corp. 2 to 3% lower than prevailing rates, up to maximum of $500,000 for up to 2 years Manufacturing business with 500 or fewer employees. . . . . . . through Empire State Development Corp. 2 to 3% lower than prevailing rates, up to maximum of $500,000 for up to 2 years Manufacturing business with 500 or fewer employees. Existing businesses only. Must be for an energy improvement or business expansion. Not for refinancing. . . . --3000,7,214,3166,151174
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