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The Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive that the Congress provides to private-sector businesses for hiring individuals from twelve target groups who have consistently faced significant barriers to employment.
On February 17, 2009, the President signed into law the American Recovery and Reinvestment Act of 2009 (Recovery Act). The Recovery Act amends Section 51 of the Internal Revenue Code by adding two new WOTC target groups:
1) Unemployed Veterans -- A veteran hired after 2008 and before 2011 who has been discharged or released from active duty in the U.S. Armed Forces at any time during the 5-year period ending on the hiring date; and who received unemployment compensation under state or federal law for a period or periods totaling at least 4 weeks during the one year period ending on the hiring date. To be considered a Veteran, the applicant must have served on active duty (other than active duty for training) in the Armed Forces of the United States for a period of more than 180 days, or have been discharged or released from active duty in the Armed Forces for a service-connected disability, and
2) Disconnected Youth --an individual who is certified as having attained age 16 but not age 25 on the hiring date;not regularly attending any secondary, technical, or post-secondary school during the 6-month period preceding the hiring date; not regularly employed during such 6-month period; and not readily employable by reason of lacking a sufficient number of basic skills.
Individuals in these two new target groups must begin work for an employer during 2009 or 2010.
Work Opportunity Tax Credit
 
EERE Financial Opportunities
Financial opportunities and solicitations for business, industry, and universities from DOE's Office of Energy Efficiency and Renewable Energy (EERE).
  • SunShot Incubator Program - Soft Cost Reduction
    Funding Opportunity Number: DE-FOA-0000607
    Funding Organization: Office of Energy Efficiency and Renewable Energy
    Open Date: 2011-11-15
    Close Date: 2012-03-05
    Funds Available:
    Description:

    DOE is supporting the development of tools and approaches that will reduce balance of system non-hardware costs for solar energy systems. These soft costs—expenses associated with permitting, financing, interconnection, and inspection—can account for approximately half of the total expense of photovoltaic installations.

    As part of the SunShot Incubator program, this funding opportunity is designed to help small businesses and entrepreneurs develop data-driven tools, innovative programs, and streamlined processes that will make solar more accessible for Americans. This solicitation builds on the Incubator program's proven success with photovoltaic technologies to begin targeting market barriers. By addressing all sectors of the solar energy economy, the SunShot Initiative works to reduce the total installed cost of photovoltaic systems.

  • SunShot Concentrating Solar Power Research and Development
    Funding Opportunity Number: DE-FOA-0000595
    Funding Organization: Office of Energy Efficiency and Renewable Energy
    Open Date: 2011-10-25
    Close Date: 2012-02-07
    Funds Available:
    Description:

    The U.S. Department of Energy (DOE) seeks to fund revolutionary applied scientific research that develops highly disruptive Concentrating Solar Power (CSP) technologies that will meet 6 cents per kWh cost target by the end of the decade. This Funding Opportunity Announcement (FOA) for SunShot Concentrating Solar Power Research and Development intends to support research into technologies that have the potential for much higher efficiency, lower cost, and/or more reliable performance than existing commercial and near-commercial CSP systems and their expected incremental progress in future years.

    As part of the SunShot Initiative, this applied research program is intended to demonstrate and prove new concepts in the collector, receiver, and power cycle subsystems, including associated hardware and manufacturing processes. These developments should lead to subsequent system integration, engineering scale-up, and eventual commercial production for electricity generation applications. The SunShot CSP program is designed to look beyond incremental near-term innovation and explore transformative concepts with the potential to break through performance barriers as known today, such as efficiency and temperature limitations. These goals support the mission of the DOE SunShot Initiative.

    There are four topics to which an application may be submitted under this FOA:

    • Topic 1: Advanced Collectors
    • Topic 2: Advanced Receivers
    • Topic 3: Advanced Power Cycles
    • Topic 4: Seedling CSP Concepts