Promoting Sustainability: DOE $5 Million Investment
President Biden’s Investment in IAC Implementation Grants Now Available for 41 Small- and Medium-sized Manufacturers
The U.S. Department of Energy (DOE) has taken a significant step towards achieving cleaner, more sustainable manufacturing. On National Manufacturing Day, as part of the Biden-Harris Administration’s Investing in America Tour, they announced a $5.2 million investment through the Industrial Assessment Centers (IAC) Implementation Grants program. This funding is designed to empower 41 small- and medium-sized manufacturers (SMMs) across the nation to implement improvements that will save energy and reduce greenhouse gas emissions.
The administration’s commitment to reviving American manufacturing, creating well-paying jobs, and working towards a net-zero economy by 2050 is exemplified through the IAC Implementation Grants program. Funded by the President’s Bipartisan Infrastructure Law, this grants program offers up to $300,000 per manufacturer to implement recommendations provided by DOE and other qualified energy assessments. SMMs make up more than 90% of the nation’s manufacturing landscape and will receive crucial support to identify cost-effective opportunities for enhancing energy efficiency and competitiveness.
These grants fund a diverse range of projects, spanning from solar installations to the electrification of industrial equipment. Already, sixteen projects have begun in underserved communities, reaffirming President Biden’s commitment to ensuring a clean and sustainable energy transition that benefits all communities.
The IAC Implementation Grants program has reopened for applications, with an initial funding envelope of $80 million, operating on a rolling basis. Eligible SMMs can apply at any time over the next year (subject to fund availability). Applications will be reviewed quarterly, with the initial deadline on December 31, 2023. This also applies to applications from third-party assessors seeking “IAC-equivalency” qualifications. Learn more about the IAC Implementation Grants program application process.
MHI is dedicated to keeping our members informed about initiatives like the DOE’s efforts to enhance energy efficiency and environmental sustainability. We encourage our members to explore the opportunities presented by the IAC Implementation Grants program, including more information on the first round of grants.
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