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)
Upcoming events
View all events
Growing the Future: How New Farming Frontiers Are Transforming Protein
Join GFI’s Adam Leman for a look at how next-gen protein technologies—from precision fermentation to cultivated meat—are reshaping the future of sustainable food.
The Science of Alt Protein: Application-driven design of plant protein gels
Discover how application-driven design of plant protein gels can unlock new possibilities in texture, mouthfeel, and nutrition.
New Proteins webinar
Join GFI’s Abby Sewell for a look at how hybrid and diversified protein strategies are shaping the future of food.
Future of Food: Engaging Agriculture and Education in the Protein Transition
GFI’s Jeremy Eltz and Janie Butler are heading to Tuskegee to lead a dynamic workshop at the Professional Agricultural Workers Conference.
The Business of Alt Protein: Green Financing for Alternative Proteins—Introducing the Climate Bonds Alternative Proteins Criteria
Join GFI’s next Business of Alt Protein webinar featuring a deep dive on the Climate Bonds Initiative’s new Alternative Proteins Criteria.
Plant Based World Expo
Join GFI’s Corporate Engagement Manager Abby Sewell at Plant Based World Expo, the only professional 100% plant-based trade event in the U.S.
The 7th Industrializing Cultivated Meat & Seafood Summit
GFI’s Elliot Swartz, Ph.D., will share insights at the 7th Industrializing Cultivated Meat & Seafood Summit in Boston. Join Elliot and other experts as they discuss R&D innovations that can…
Alt Protein Pipelines: Training for commercialization with production facility partnerships
Join us to explore an innovative partnership that is helping students turn classroom learning into commercial-ready innovation.
