Louisville-Jefferson County Metro Government has added four, small-business incentive programs to encourage economic development and the creation of “green” jobs.
The programs are being funded by a U.S. Department of Energy Efficiency Conservation Block Grant, federal stimulus funds, and city funds, according to a news release.
The programs are:
• The Providing Opportunities with Emissions Reduction (POWER) Loan program, which is a $2 million revolving loan fund for the retrofit off-road diesel equipment.
• The Green Jobs Revolving Loan Fund, a $1.4 million revolving loan fund for companies with new green jobs or products;
• Nonprofit Energy Audit Grant, a $200,000 grant pool for nonprofit organizations to improve the energy efficiency of their facilities through energy audits;
• And the Go Green Loan program, a revolving loan fund that provides incentives for manufacturing companies that limit energy usage by installing monitors on power equipment.
Businesses can apply for the loans and grants by calling (502) 574-4140.