RD194 - Guidelines for Clean Energy Manufacturing Incentive Grant


Executive Summary:
The Clean Energy Manufacturing Incentive Grant (CEMIG) may be used to provide an incentive for a clean energy manufacturer to grow in the Commonwealth of Virginia. This is a discretionary program in which grants are negotiated and offered to eligible entities as an economic development incentive to encourage these eligible entities to locate or expand in Virginia instead of another state or country. CEMIG awards may only be awarded to competitive projects and are awarded at the Governor’s discretion.

CEMIGs are intended to be performance grants and are not intended to serve as front-end funding or financing to assist with initial infrastructure costs. Flexibility with respect to the timing of the payment of the grants is intended to take the variable job creation and capital investment timelines of eligible entities into consideration.