Businesses with less than 50 full-time employees
who need between $1,000 and $50,000 for equipment purchases
should look into the Small Business Assistance Program’s
(SBAP) Environmental Loan Program.
This Minnesota Pollution Control Agency
(MPCA) program provides low-interest loans to finance environmental
projects such as capital equipment upgrades that meet or exceed
environmental regulations, and costs associated with the investigation
and cleanup of contaminated sites.
Pollution prevention technologies are a
great fit for the loan program. Examples include:
Loans are awarded quarterly. The next application
deadline is January 1, 2005. For more information about the
loan
program, contact the MPCA Small Business Ombudsman at
651/297-8615 or 800/985-4247. See additional links to financial
resources.
