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While Sonoma County was an early innovator, Connecticut has a widely admired statewide PACE program that is up and running. Early programs were financed with a pooled revenue bond or for large projects a standalone bond, but today private lenders have entered the open market.
While Sonoma County was an early innovator, Connecticut has a widely admired statewide green bank program that is up and running and it is the model for Maryland. Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g.,
Alabama Innovation Fund: As part of the implementation of Accelerate Alabama, this fund was created to maximize the use of the State’s economic development resources by leveraging annual research and development expenditures by Public Universities within the State to generate resources which can be used to support economic development initiatives.
Our 2016 awards include recognition for the locations that have led the way in smart-grid modernization, innovative funding for infrastructure projects, renewable energy breakthroughs and new tools for supporting startups and entrepreneurs. We handed out awards to 30 locations in 11 different categories. The power industry is in transition.
ALASKA GROWTH CAPITAL: Provides financing to nontraditional borrowers/businesses that use innovative technology, are in rural Alaska and are minority-owned. ARIZONA INNOVATION ACCELERATOR FUND: An $18.2 CONNECTICUT. The Division of Investments provides loans to fishing enterprises and other small business ventures.
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