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How To Seek Grants For Alternative Energy R & D

- 10 July 2013, 11:07
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How to Seek Grants for Alternative Energy R & D

If you are someone who wishes to begin researching and developing alternative energy technologies and you would want to be set up as a not-for-profit organization or entity, you will want to look into getting government grants, on both the state and the federal levels. Government grants for alternative energy research and development have been highly touted by politicians on local, state, and federal levels in recent years, all the way up to the President himself. This is due to the fact that we now recognize as a society that we need to seek out and develop alternative energy sources to those of the fossil fuels that we presently depend upon, as these fuels are not only slowly but surely running out (at least cheap access to digging them up is running out), but also damaging to the environment and air quality.

There is a fairly vast array of government grant programs available for you to check into. The great and most important thing to keep in mind about a government grant is that it’s essentially free money. It is not a loan, you don’t pay any interest, and you don’t ever have to give the money back. However, qualifying for these grants, as you might imagine with something involving the government and free money, has quite a lot of restrictions attached to it. Not only is qualification based on purpose and need in the eyes and opinions of government bureaucrats, but just because you qualify does not mean that you necessarily get the grant. As Marshall McLuen put it,

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