Readout of The White House Convening on Expanding Access to Climate Capital | The White HouseSkip to contentThe White HouseThe White House The White House Home AdministrationPrioritiesThe RecordBriefing RoomEspañol InstagramOpens in a new windowFacebookOpens in a new windowXOpens in a new windowYouTubeOpens in a new window Contact UsPrivacy PolicyCopyright PolicyAccessibility Statement MenuCloseTo search this site, enter a search termSearchMobile Menu OverlayAdministrationShow submenu for “Administration””President Joe BidenVice President Kamala HarrisFirst Lady Dr. Jill BidenSecond Gentleman Douglas EmhoffThe CabinetExecutive OfficesShow submenu for “Executive Offices””Council of Economic AdvisersCouncil on Environmental QualityDomestic Policy CouncilGender Policy CouncilNational Economic CouncilNational Security CouncilNational Space CouncilOffice of Intergovernmental AffairsOffice of Management and BudgetOffice of the National Cyber DirectorOffice of National Drug Control PolicyOffice of Public EngagementOffice of Science and Technology PolicyOffice of the United States Trade RepresentativeClimate Policy OfficePresidential Personnel OfficePrioritiesBriefing RoomThe White HouseShow submenu for “The White House””PresidentsFirst FamiliesThe GroundsOur GovernmentGet InvolvedShow submenu for “Get Involved””Write or Call The White HouseJoin UsWhite House FellowsWhite House Internship ProgramThe RecordDisclosuresEspañol Contact UsPrivacy PolicyCopyright PolicyAccessibility Statement InstagramOpens in a new windowFacebookOpens in a new windowXOpens in a new windowYouTubeOpens in a new window The White House 1600 Pennsylvania Ave NW Washington, DC 20500 To search this site, enter a search termSearchMay 31, 2024 Readout of The White House Convening on Expanding Access to Climate Capital Home Briefing Room Statements and Releases Yesterday, Small Business Administrator Isabel Casillas Guzman, White House National Economic Advisor Lael Brainard, and White House National Climate Advisor Ali Zaidi hosted a Climate Capital Convening at the White House with investors, climate technology start-up companies, small business owners, and entrepreneurs.Participants discussed how President Biden’s historic Investing in America agenda is catalyzing unprecedented levels of investment in America’s clean energy economy, as well as opportunities to build on this momentum and expand capital access for climate-focused start-ups and small businesses across America. Participants noted that smaller businesses may lack the resources needed to navigate the full ecosystem of federal funding opportunities. Additionally, industry identified opportunities to accelerate construction and deployment, as well as to leverage the Administration’s convening power and procurement authorities to drive demand certainty for emerging clean technologies.To address some of the challenges raised by industry, yesterday, the Biden-Harris Administration announced new actions to expand access to capital for small- and medium-sized climate enterprises and start-ups. First, the White House released a Climate Capital Guidebook, a one-stop-shop for information on federal funding programs – such as grants, loans, tax credits, and equity investments – available to climate-related start-ups, small- and medium-sized businesses, and their investors. Second, the Small Business Administration announced that it is expanding access to its flagship 504 Loan Program – which provides long-term, fixed rate loans to support capital expenditures – by lifting the cap on the number of loans that small businesses can take out for qualifying energy projects, such as solar installations.Administration officials reiterated the President’s commitment to not only spurring new investment in climate and clean energy solutions, but also to ensuring that small- and medium-sized businesses in communities across the country, particularly places that have been left behind for too long, share in the benefits of the economic transformation underway.Participants in the convening included:Biden-Harris Administration:Isabel Casillas Guzman, Administrator, Small Business AdministrationLael Brainard, National Economic Advisor, The White HouseAli Zaidi, National Climate Advisor, The White HouseAlex Jacquez, Special Assistant to the President for Economic Development & Industrial Strategy, National Economic Council, The White HouseJosh Zoffer, Special Assistant to the President for Economic Policy, National Economic Council, The White HouseNana Menya Ayensu, Special Assistant to the President for Climate Policy, Finance & Innovation, Climate Policy Office, The White HouseKatie Frost, Associate Administrator, Office of Capital Access, Small Business AdministrationDavid Brown, Director of Policy & Planning, Small Business AdministrationIndustry:ActivateAtmosZeroBRITE Energy InnovatorsChargerHelp!Crux ClimateElemental ExceleratorFervo EnergyGenerate CapitalGreentown LabsLithos CarbonLos Angeles Cleantech IncubatorLowercarbon CapitalPartannaPrelude VenturesS2G VenturesSafire Technology GroupSesame SolarTrellis Climate### Stay ConnectedSign UpEmail Address* RequiredZIP CodePlease leave blank.We'll be in touch with the latest information on how President Biden and his administration are working for the American people, as well as ways you can get involved and help our country build back better. Opt in to send and receive text messages from President Biden. ShareShare this page on FacebookShare this page on Xhttps://www.whitehouse.gov/briefing-room/statements-releases/2024/05/31/readout-of-the-white-house-convening-on-expanding-access-to-climate-capital/?utm_source=link HomeThe AdministrationExecutive OfficesPrioritiesThe RecordBriefing RoomThe White HouseDisclosuresGet InvolvedEspañol Contact UsPrivacy PolicyCopyright PolicyAccessibility Statement InstagramOpens in a new windowFacebookOpens in a new windowXOpens in a new windowYouTubeOpens in a new window The White House 1600 Pennsylvania Ave NW Washington, DC 20500 WH.gov Scroll to Top Scroll to Top Top
