Salem Riverfront Grant

The Manufacturing Innovation Fund Voucher Program (MVP) provides CT companies with access to capital to help them obtain new equipment and the expertise they need to become more efficient, productive, and competitive. Eligible companies can apply for a grant up to $100,000 to conduct a new project. First-time applicants are required to provide a cash match of 2:1 and repeat applicants 3:1. That means, First time applicants provide 67% of the total proposed project cost and repeat applicants provide 75% of the proposed project cost. The program is administered by the Connecticut Center for Advanced Technology with funding provided through the Connecticut Department of Economic and Community Development's Manufacturing Innovation Fund.

Through this Notice of Funding Opportunity, the National Cancer Institute (NCI) seeks research projects that implement early phase (Phase 0, I, and II) investigator-initiated clinical trials focused on cancer-targeted diagnostic and therapeutic interventions of direct relevance to the research mission of DCTD and OHAM. The proposed project must involve at least 1 clinical trial related to the scientific interests of one or more of the following research programs: Cancer Therapy Evaluation Program, Cancer Imaging Program, Cancer Diagnosis Program, Radiation Research Program, Complementary and Alternative Medicine Program and/or the HIV and AIDS Malignancies Research Programs. Applicants may propose to conduct an early phase trial by itself, or in combination with another research aim(s) as appropriate.

Purpose: The Pollution Control Tax-Exempt Bond Financing Program facilitates low cost capital through private activity, tax-exempt bonds. The securities pay for acquisition, construction or installation of qualified pollution control, water furnishing, waste disposal, waste recovery facilities and equipment. Tax-exempt bond financing assists qualified borrowers to obtain lower interest rates than are available through conventional loans. Description: CPCFA acts as a conduit issuer in the transaction. The bonds are issued to raise capital for revenue-generating projects where the funds are used by the borrower to make payments to investors. The conduit financing is typically backed by either the borrower's credit or monies pledged to the project by outside investors. If the project fails and goes into default, it is solely the borrower's responsibility to repay the bondholders.

The purpose of the DTO Facade Program is to encourage building owners, businesses, and owners of certain residential properties to invest in properties by financially assisting with renovations to rehabilitate their buildings and residences. Commercial Buildings located within the "Focus Areas" shall be eligible for funding for facade improvements, roof repairs and/or roof replacements of up to $200,000 or 80% of the total facade improvements, whichever is less.

Salem offers a matching grant program to help finance the construction of a new building, or building additions, for commercial, industrial, or mixed-uses in West Salem Urban Renewal Area (URA). Manufacturing equipment and related building improvements may also be eligible.