In this enlightening discussion, Joel Armin–Hoiland, CEO of Climate Finance Solutions and an expert in grant funding, shares his insights on navigating the tumultuous landscape faced by climate businesses. He highlights the devastating impacts of recent political shifts on federal funding and explores alternative sources of financing. Joel emphasizes the critical role that grants play in supporting innovative climate solutions and offers effective strategies for startups to integrate grant funding into their growth plans. Tune in for practical insights and guidance!
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question_answer ANECDOTE
Rondo Energy's Decarbonization Project
Climate Finance Solutions helped Rondo Energy win a $70 million grant, leveraging a 1:1 match for a $150 million project.
This project decarbonized bottling plants and distilleries for a major food and beverage corporation.
question_answer ANECDOTE
Bamboo Cultivation in the Philippines
Climate Finance Solutions helped tribal communities in the Philippines secure funding from USAID.
This grant supported land rights retrieval and the cultivation of bamboo for carbon-negative building materials.
volunteer_activism ADVICE
Integrated Fundraising Strategy
Develop an integrated fundraising strategy that combines grants with other funding sources.
This approach allows you to leverage each funding type's strengths while mitigating their weaknesses.
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In just its first few weeks in power, the Trump administration has wreaked havoc on the climate tech landscape. An executive order aimed at accelerating fossil fuel extraction and slamming the brakes on renewables and the freeze on all federal grants has already had a devastating effect. Even though the freeze was quickly rescinded, climate companies and organizations across the country are struggling to operate amidst the uncertainty of whether the government will rescind its contractual obligations and cut funding. At stake are hundreds of billions of dollars that have been crucial to developing America’s green economy.
Clearly, a good time to learn more about the importance of grant funding on climate tech, I sat down with Joel Armin–Hoiland, CEO of Climate Finance Solutions. Joel’s company has helped climate businesses identify, apply for, and manage over $1.6 billion in non-dilutive grants. In this conversation, we spoke about how Joel’s background led to a unique understanding of the importance of grants for climate companies, his company’s track record and impact, how the funding landscape is changing, and much more.
Even with federal funding potentially disappearing, there’s still money on the table from other sources and a ton of complexity to navigate. This episode will be the first in a series with Joel as we try to help you all find your way to this new era. Here we go.
In today’s episode, we cover:
[02:58] Introduction to Joel & Climate Finance Solutions
[06:08] The role & importance of grants in addressing climate change
[08:22] Navigating the complex grant funding ecosystem