Project Grant CLSS00000088519

Award Date 11/20/24
Completion Date 11/20/26
Dollars Obligated $415K
Federal Grant Program
10.868
Assistance Type
Project Grant
Place of Performance
North Carolina, USA

This federal Project Grant award in the amount of $415,101 was provided by the United States Department of Agriculture's Rural Business Cooperative Services under the Rural Energy for America Program (REAP), CFDA Number 10.868. The grant was awarded to Veneer Technologies Inc., a for-profit manufacturing company located in North Carolina, to support the development of renewable energy systems and energy efficiency improvements. Specifically, the funding will enable Veneer Technologies Inc. to install solar panels, wind turbines, and/or geothermal systems, as well as implement energy-efficient lighting, HVAC, and building insulation upgrades. The project has a performance period of 24 months, with a target completion date of November 20, 2026. The REAP program aims to help rural entities like Veneer Technologies reduce energy costs, enhance energy efficiency, and expand the use of renewable energy technologies.

Generated 2/25/25, 4:54 AM