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Fri., Sept. 17, 2010, 3:26 p.m.

Washington companies doing green tech: fed money and how to get it

Companies in Washington with clean-energy projects or energy-saving products can apply for federal money through a program being managed by Sirti.

A Thursday, Sept. 23, workshop at Sirti’s downtown Spokane building will detail the guidelines of the program. The $1.5 million to be awarded comes from the federal Recovery Act and is administered by the Commerce Department.

That meeting starts at 10 a.m. in the Sirti board room; it can also be attended online.

The money will be distributed in grants and loans to firms doing business in Washington.

Sirti market development director Linda Hemingway said applicants must apply for both a grant and a loan. Each qualifying company will receive from $100,000 to $500,000, Hemingway said

She said the expectation is that four to seven firms will receive the awards and loans. Applicants’ projects must be beyond the research stage and be ready for commercial development.

 

Hemingway said a review team will be comprised of Sirti staff, Commerce Department officials and representatives from the private sector. Deadline for applications is Oct. 20 and awards will be announced on Nov. 24.

To attend the meeting online, go to www3.gotomeeting.com/register/123691470 and register ahead of time.




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Tom Sowa
Tom Sowa covers technology, retail and economic development and writes the Office Hours blog.