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State offering $8 million in grants to promote green businesses

The state is looking to distribute more than $8 million in grants to benefit green energy companies in the state.

The N.C. Green Business Fund announced today it's accepting proposals for grants up to $500,000 to be awarded to companies with 100 or fewer employees. The grants are funded through the federal Recovery Act through the N.C. Energy Office.

The project proposals must be related to biofuels, green building science, clean technology or renewable energy. The projects must save energy, reduce greenhouse gases, produce alternative fuels or promote energy efficiency. 

Applicants can find more information at www.ncscitech.com/gbf. For more information contact Paul Shannon, Green Business Fund administrator, at: 919-715-0101, or by e-mail at: pshannon@nccommerce.com.

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