Accessing Financing through the Department of Energy
Description
The U.S. Department of Energy Loan Program Office, through its Title 17 Clean Energy Financing Program, provides loan guarantees for innovative manufacturing facility projects based in the US that support clean energy deployment and industrial decarbonization.
Alternative protein companies are eligible to apply for these loan guarantees, consistent with the new Title 17 Program Guidance released in May 2023. This funding can be used to support the development of commercial-scale facilities, including first-of-a-kind plants that are commercializing novel technologies at scale.
In this webinar recording, Adam Lowry—co-founder and former CEO of Ripple Foods and Senior Consultant with DOE’s Title 17 Clean Energy Financing Program—explains the LPO’s loan application process and offers guidance to help alternative protein companies determine their eligibility and submit applications.
In addition, Congresswoman Julia Brownley and LPO Director Jigar Shah provided brief remarks covering how the Department of Energy can help alternative protein companies unlock the funding they need to scale manufacturing.
Companies of all stages are welcome and encouraged to join. For later-stage companies who can take advantage of this opportunity today, this webinar will put you on the path toward a potential application. For companies who aren’t yet ready for scaled manufacturing, the webinar will set you up for future success.
Resources
Review the Title 17 Clean Energy Financing Program for an overview of the program.
- Title 17 Program Guidance*
- Title 17 Frequently Asked Questions
- Schedule a no-fee, pre-application consultation with the DOE’s Loan Program Office.
*Alternative proteins will best fit under “Industrial decarbonization technologies,” listed on page 15.
Webinar recording
Meet the speakers
Adam Lowry
SENIOR CONSULTANT, TITLE 17 CLEAN ENERGY FINANCING PROGRAM OF THE DEPARTMENT OF ENERGY’S (DOE) LOAN PROGRAM OFFICE (LPO)
Jigar Shah
DIRECTOR, LOAN PROGRAMS OFFICE
Congresswoman Julia Brownley
REPRESENTING CALIFORNIA’S 26TH DISTRICT
Caroline Bushnell
SENIOR VICE PRESIDENT, GOOD FOOD INSTITUTE (GFI)
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