Regional Revolving Loan Trust Fund (New York)
Last modified on February 12, 2015.
|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|
|Program Administrator||Empire State Development|
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.
|Department||Empire State Development|
|Address||633 Third Avenue New York City, New York 10017|