The Sustainable Technology and Green Energy (STAGE) Grant Program provides financial assistance to support the retention, expansion and attraction of clean energy industries in Albany County.
Senior Vice-President & Director of Commercial Lending
Grant application must be developing a "Green Business" project in Albany County. "Green Business" is defined as any entity that is a for-profit business that produces goods or provides services that benefit the environment, conserve natural resources, or reduce greenhouse emissions.
Green Businesses include, but are not limited to corporations that manufacture, produce, build, engineer, service, supply, and/or distribute any product which produces clean energy sources or reduces emissions in other sectors of the economy, such as buildings or transportation, in order to meet local, state, and federal sustainability goals and contribute demonstrably to the green business footprint in the County.
Applicant must be in substantial compliance with all federal, state, and local worker protection and environmental laws and regulations, as applicable, and may not be in arrears with regard to its federal, state, and local tax obligations.
Green Businesses located outside of Albany County.
In 2019, the State of NY enacted the Climate Leadership and Community Protection Act (CLCPA), thereby creating one oft he most ambitious and comprehensive climate emergency laws in the country. The CLCPA calls for nothing less than the decarbonization of the NYS economy and calls on each and every municipality in the state to collaboratively work to significantly increase the green energy infrastructure in their municipalities to the greatest extent possible. New York has set aggressive goals though the CLCPA, and has established a target of reaching a point where no less than 70% of the state's electricity consumption will be derived from renewal power generation by the year 2030.
The Albany County Legislature further finds that local municipalities are uniquely situated to address the climate goals noted in the CLCPA through economic development efforts, which prioritize the shift towards clean renewable energy systems and green businesses that will fuel our economy in the next century.