Businesses
Government-funded
$5.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Loans and loan guarantees for California small businesses investing in clean energy, energy efficiency, and climate resilience projects. The IBank Climate Catalyst Fund provides below-market financing for businesses in disadvantaged communities to reduce energy costs and carbon emissions.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business must be located in California
2.Priority: businesses in disadvantaged/low-income communities (SB 535 definition)
3.Eligible: solar, battery storage, EV charging, HVAC upgrades, LED retrofits
4.Loans: $50,000–$5M at below-market rates; guarantees up to 95% of loan
5.Must demonstrate energy savings or emissions reduction
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
DOE · United States
30% investment tax credit for qualifying advanced energy manufacturing projects, including EV components, solar and wind equipment, energy storage, and grid infrastructure. Part of the Inflation Reduction Act's $10 billion allocation to reindustrialize domestic clean energy supply chains.