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Cover Story: New Energy Powers Growth

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SGICC will use the bulk of the D2PA funds to provide grants to PA-based small companies to demonstrate the feasibility of emerging technologies, or seed funds to test and help launch ideas, and to assist in market acceptance and growth of shale energy focused products or services. NEW JERSEY IS A SOLAR GIANT.

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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.

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SNAPSHOTS: 60 Seconds… with Dennis Davin, Secretary, PA DCED

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PIDA supports the growth of Pennsylvania businesses by offering creditworthy small businesses access to export financing capital in order to fill this underserved niche. In return, PIDA offers low-interest loans to finance these types of projects. In return, PIDA offers low-interest loans to finance these types of projects.

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STATE INCENTIVES GUIDE

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CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

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