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use the monies provided under this program to identify, vet and assist in the commercialization of three new energy saving technologies. Overview of CTP’s Commercialization Process: CTP helps companies reduce energy consumption by investing money and business resources in the development and commercialization of technology. • CTP supports early-stage companies in their growth by providing debt and equity financing, grant-writing, business mentoring and intellectual property advice. • CTP assists businesses to implement new energy efficient technologies that can lower their operating costs. • CTP investment clients are eligible for a number of services -- many free of charge – including technology evaluation, business and financial planning, finding additional investment, government support, business partners and customers. Financing for Development and Commercialization: The expanse between developed and commercialization can seem impossibly vast to entrepreneurs and established companies alike. CTP devotes its resources to helping technology developers make the leap from grant income or self-financing to sales revenue by investing in the work that they often find most daunting: developing a solid business plan, ramping up manufacturing, and commercializing their technology quickly. Financing for implementation: The barriers to a company adopting a new or emerging technology can be daunting, even if the technology promises significant energy savings. With funding from CTP, Wisconsin companies can find themselves better able to overcome obstacles like: capital expense, grant applications, installation costs, qualifying technology and environmental regulation. Technology Investment Fund: CTP promotes commercialization of new energy efficient and renewable energy technologies by providing investment capital and business services using its Technology Investment Fund (Fund). CTP also helps identify and use its resources to overcome market barriers so that technologies are commercialized and/or adopted more quickly. The Fund offers capital investment to a) qualifying startup or seed-stage technology companies for the express purpose of enabling them to develop and attract additional investment concurrently or in the future and b) established companies that wish to commercialize new technologies and/or implement energy efficiency projects. The Fund is intended to supplement, not supplant private sources of capital. CTP's objectives are to: 1) improve energy efficiency through the commercialization and propagation of new technology, 2) increase economic development through energy efficiency, and 3) achieve a return on investment that enables the Fund to become a sustainable source of capital to qualifying technology startup and established companies. The Fund's accounts are audited annually and are overseen by a five-member Technology Investment Board appointed by CTP's Board of Directors.PDF Image | Focus on Energy
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