California Capital Access Program (CalCAP) Electric Vehicle Charging Station (EVCS) Financing Program

Loans in this program must be used for the design, development, purchase, and/or installation of electric vehicle charging stations at small business locations in California. Borrowers may be eligible to receive a rebate of 10-15% of the enrolled loan amount. Loans enrolled in the program may receive up to 100% coverage in case of defaults.Maximum loan enrollment amount is $500,000.00.CPCFA does not work directly with borrowers to apply for financing, applicants mus apply through participating financial institutions. https://www.treasurer.ca.gov/cpcfa/calcap/evcs/lenders.pdfThe total number of loans enrolled (2015-2019) is 2, with an average loan amount of $255,562.00. Program Details State Treasurer's Office is a state agency that offers the California Capital Access Program (CalCAP) Electric Vehicle Charging Station (EVCS) Financing Program grant program to support eligible programs and projects. This funding opportunity is available statewide and is administered by State Treasurer's Office through California Grants Portal. Organizations seeking funding for eligible programs and projects should review the details below and confirm their eligibility before preparing an application. Eligibility Eligible applicants should review the full program requirements on California Grants Portal for specific eligibility restrictions. Organizations that meet the eligibility criteria are encouraged to apply and to review the full program guidelines before submission. Because eligibility rules and funding priorities can change between cycles, applicants should always confirm the current requirements with State Treasurer's Office or on California Grants Portal before investing time in an application. Funding and Timeline Applications are due by March 31, 2022. Applicants should allow sufficient time to gather required documentation, including organizational information, project descriptions, budgets, and supporting materials as specified in the program guidelines. Submitting a complete application well ahead of the deadline reduces the risk of disqualification on technical or administrative grounds. Program Focus This grant supports eligible programs and projects. This grant is associated with NAICS industry classifications: 336111. Organizations operating in these sectors are encouraged to review eligibility. Funded projects are expected to demonstrate measurable outcomes aligned with the program's stated objectives. Grant recipients may be required to submit progress reports and final evaluations as a condition of the award, and to retain records for audit and compliance purposes. How to Apply Eligible organizations can apply through California Grants Portal. Create a free organization profile on GrantRegister to see whether this grant matches your organization's NAICS code, entity type, location, and focus area, and to receive a weekly digest of every open grant you qualify for. GrantRegister maintains a complete, authoritative registry of US federal, state, and foundation grant opportunities — matched automatically to your organization profile and delivered every Monday.

Eligibility

• Programs related to electric vehicle

Award details

Applications close on March 31, 2022.

Categories

Not categorized