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Date
We’ve always said that, while the altruistic reasons for greening up your projects is a good thing, keeping in the spirit of people, planet, profits and projects, money is also good. We’ve also stressed the importance of keeping your ears to the ground for rebates and other incentives to green up your projects and processes. To that end, there is an organization called Green Launching Pad we think you should know about. From their webpage: “The green launching pad is a public and private sector initiative that enables local start-ups to bring green solutions to market. We discover New Hampshire’s best and brightest, and then support them with the financial resources, business infrastructure, and academic expertise to succeed”.
The LDI Corporation of Portsmouth, New Hampshire, just received an award of a grant from Green Launching Pad (GLP). LDI manufactures upholstery fabric for architects and designers who are looking for green products for their facilities. According to LDI VP of Sales and Marketing, John Dame, “We have developed an energy efficient environment and environmental-friendly process that will allow us to offer a wide variety of decorative print patterns to our customers. The GLP funding will be used to help us purchase some of the required equipment to launch this new initiative.” Last year LDI experienced a 3o% growth that Dame attributes partially to a changing market place.
GLP is an effort funded by federal stimulus funds through the Department if Energy and hosted by the University of New Hampshire. On GLP’s “about” page, they say that they want to be the hub of green activities and under the heading of “community” even has a button for “find a project”. This round of GLP funding was specifically targeted for manufacturing companies. This is a state effort, funded by the feds, and by targeting manufacturers, the message is that manufacturing is an important segment to New Hampshire’s economy. According to John Lynch, New Hampshire’s governor, “It only makes sense to do what we can to bolster this important sector of our economy, and that’s exactly what we are doing by working aggressively….”
To LDI, it validates that the work they are doing is important, because there were 18 companies that applied for the grant. The application and review process was rigorous and LDI is one of 3 companies to received a grant
Bottom-line or should I say quadruple bottom-line, is that there are grants available out there to help defray some of the costs of greening your company. Make sure that you explore all of the options, local, state, federal, as well as private funding.
Posted
by
Dave Shirley
on: February 12, 2012 12:46 PM |
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