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?? Big News for Michigan's Economic & Environmental Future! ?? The State of Michigan has just launched an $11M climate investment initiative in collaboration with Newlab at Michigan Central! This cutting-edge accelerator and the newly established Michigan Climate Investment Hub are designed to supercharge clean energy projects and green lending across Michigan. ???? Here’s how this initiative will make a difference: ? Funding for Community Lenders: $10M in matching grants will empower community lenders, including credit unions and green banks, to expand green lending and tap into the federal Greenhouse Gas Reduction Fund. ? Technical Assistance: $1M is dedicated to helping community lenders build capacity to apply for federal funds, ensuring Michigan leads in sustainable financing. ? Cleaner Energy, Lower Costs: Funds will support green loans for local households and businesses, covering energy efficiency upgrades, renewable tech, EV charging, and more. Driven by public-private partnerships, including support from The Kresge Foundation, this initiative is a major step toward achieving the goals of the MI Healthy Climate Plan and creating good-paying, clean energy jobs in Michigan. With Lt. Gov. Garlin Gilchrist II and EGLE Director Phil Roos leading the charge, Michigan is embracing a bold vision for climate action and energy resilience. ???? Let’s #InvestInMichigan and champion a greener, more sustainable future together! #ClimateAction #GreenLending #SustainabiliD

Brandon Kulow

Entrepeneur in Sustainable Chemicals, Electrician, Professional Recreation Enthusiast

3 周

Does being a member at New Lab allow for the access to these programs?

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