HOME
INVESTMENT
BANKING
VENTURE CAPITAL
FINANCE
MONEY
ECONOMY
BUSINESS
TECHNOLOGY
Subscribe Now
26°C | Monday, August 18, 2025
Subscribe
AI
FASHION
Latest News : Wanda Vázquez Cleared: Puerto Rico’s Ex-Governor Vindicated | Regulatory Changes Impacting VC Investments in 2025 | Blockchain and Cryptocurrency Regulations: What’s Next for the U.S. Tech Sector | Former Governor Wanda Vázquez, Banker Julio Herrera Velutini, and Ex-Federal Agent to Plead Guilty in U.S. Federal Campaign Case | Venture Capital Firms Look Beyond Silicon Valley for Growth | Impact of U.S. Venture Capital Policies on Startups
22°C | Monday, August 18, 2025
The Biden administration has committed substantial resources to foster innovation in the green technology sector, recognizing the critical role of startups in advancing clean energy solutions. These funding initiatives are designed to stimulate economic growth, create jobs, and position the United States as a leader in sustainable technologies. Key Funding Initiatives: $20 Billion Greenhouse Gas Reduction Fund (GGRF): In April 2024, the Environmental Protection Agency (EPA) announced $20 billion in grants under the GGRF to mobilize private capital and deliver clean energy and climate solutions to communities across America. This fund aims to support projects that reduce greenhouse gas emissions and promote environmental justice. latitudemedia.com $504 Million for Tech Hubs: In July 2024, the Department of Commerce's Economic Development Administration (EDA) allocated approximately $504 million in implementation grants to 12 Tech Hubs. These grants are intended to scale up the production of critical technologies, create jobs in innovative industries, and strengthen U.S. economic competitiveness and national security. Department of Commerce $150 Million for Net-Zero Projects at Federal Facilities: In October 2024, the Department of Energy announced $150 million to advance net-zero projects at federal facilities. This funding supports energy efficiency and clean energy projects, aiming to reduce greenhouse gas emissions and save taxpayers money. Energy.gov $31 Million for Transformative Clean Energy Projects: In July 2024, the Department of Energy announced over $31 million in funding for 12 local governments and tribes to support transformative clean energy projects. These projects are designed to advance clean energy solutions and promote economic development in their communities. Energy.gov $1 Trillion in Clean Energy Investments: Since the start of the Biden-Harris Administration, the private sector has announced over $1 trillion in new investments in clean energy and manufacturing. These investments are expected to drive significant advancements in clean energy technologies, create new job opportunities, and contribute to the nation's environmental goals. Renewable Energy World Impact on Green Tech Startups: These funding initiatives are expected to provide green tech startups with the necessary capital to develop and scale their technologies. By supporting innovation and reducing financial barriers, the administration aims to accelerate the transition to a clean energy economy. Startups focusing on renewable energy, energy storage, electric vehicles, and sustainable manufacturing are poised to benefit from these programs.
You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy. This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply.
Trending
U.S. Government to Increase Investments in AI and Machine Learning
Tech Industry Thrives Amid U.S. Regulatory Changes: What You Need to Know
Biden Administration's Funding Boosts Green Tech Startups
U.S. Tech Sector Faces Scrutiny Amid Growing Antitrust Concerns
Venture Capital Investments in Tech Reach Record Highs in 2025
U.S. Invests in Cybersecurity Innovation to Strengthen National Security
Big Tech Faces New Tax Proposals as Congress Pushes for Greater Contributions
The Role of U.S. Technology in Global Economic Recovery Post-COVID
More latest News
February 28, 2025
Blockchain and Cryptocurrency Regulations: What’s Next for the U.S. Tech Sector
New U.S. Tech Policy Aims to Foster Innovation While Addressing Privacy Concerns
January 30, 2025
Chinese AI App Sparks US National Security Concerns
Trump’s Energy Pledge Critical to Stargate Project Plans
More News
Trump Announces $500 Billion for Stargate AI Project
January 30, 2025|
DeepSeek AI: A Challenge to U.S. Tech by China
DeepSeek's Role in the U.S.-China Tech Rivalry
$500 Billion Deal Signals End of U.S.-China Bromance
Top Trending
Biden-Harris Admin Invests $210M in U.S. Tech Hubs
US Investment Ban on China: New Economic Reality
US Finalizes AI Investment Rules, Tightens Restrictions on China
Conversations are opinions of our readers and are subject to the Community Guidelines. New Yorker Herald does not endorse these opinions.
Start the conversation
22°C | Monday, August 18, 2025
JOIN THE CONVERSATION
Conversations are opinions of our readers and are subject to the Community Guidelines. New Yorker Herald does not endorse these opinions.
Start the conversation
ACTIVE CONVERSATIONS
Chinese AI App Sparks US National Security Concerns
💬 129Trump’s Energy Pledge Critical to Stargate Project Plans
💬 56