The Michigan Energy Office is offering grants of up to $50,000 to small businesses that upgrade or install new energy saving technologies.
“The purpose of this grant is to provide assistance (to businesses) not only for equipment, but also for other process improvements that will increase efficiency in their internal operations, (making them) more competitive in manufacturing the product they’re trying to put out in the marketplace,” says Robert Jackson, deputy director of the Michigan Energy Office.
By reducing energy usage, company’s can reinvest the money that would have gone toward utility bills into their operations or salaries as way to retain and attract employees, Jackson says.
Grants range from $25,000 to $50,000 and will be provided on a competitive basis, requiring grant applicants to demonstrate how the long-term impact of the energy cost savings will translate into creating jobs and adding private investment at their current business.
Applicant questions are due via email by Oct. 8 and the electronic proposal submission is due by Nov. 14.
For more information about the grant, made available through the Michigan Strategic Fund, click here.