HELP BUSINESSES ACCESS INCENTIVES

PROVIDE VALUE TO YOUR MEMBERS


THE INFLATION REDUCTION ACT

The Inflation Reduction Act of 2022 (IRA) provides a number of opportunities for small and medium-sized businesses to take advantage of tax credits related to clean energy. To assist chambers of commerce and economic development organizations in helping their communities seek these economic benefits, CICE has put together an IRA Policy Brief Series.

FEDERAL RESOURCES

There are many ways chambers can help businesses access federal opportunities:

  • Grant applications are made stronger when private sector support is reflected in the proposals. Does your chamber or your members have an interest in supporting local governments applying for federal infrastructure grants?

  • Share resources—like CICE’s IRA Policy Brief Series—to help businesses navigate how to reap the benefits associated with specific clean energy policies.

Here are a few IRA resources your business community may be interested in:

The Farm Bill also offers specific incentives for rural communities:

  • Rural Energy for America Program (REAP): Helps rural Americans access the benefits of clean energy by providing grants and loans to farmers, ranchers, and rural small businesses investing in renewable energy and energy efficiency.

In addition to federal incentives, states across the country are finding ways to help businesses and residents take advantage of the benefits associated with clean energy technology and development.

STATE RESOURCES

Looking to take advantage of clean energy incentives in your community?

Reach out to info@chambersforinnovation.com for personalized assistance.