Regional Revolving Loan Trust Fund (New York)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place New York



Name Regional Revolving Loan Trust Fund (New York)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province














Program Administrator Empire State Development
Primary Website http://www.esd.ny.gov/BusinessPrograms/RRLTF.html


Last Review 2014-09-15



Summary

The Regional Revolving Loan Trust Fund Program, coordinated by the Empire State Development program, is operated in six regions by nonprofit organizations and provides working capital loans (up to $75,000 or 50% of the total project cost) and loan guarantees (up to 80% or not to exceed $80,000) to small businesses employing fewer than 100 people. Priority is given to projects which create or retain jobs.


Policy Contact

Department Empire State Development
Address 633 Third Avenue New York City, New York 10017


Phone (212) 803-3100




















References