White House to Provide $4 Billion in Green Business Loans


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The White House has announced its plans to roll out $4 billion in federal loan guarantees targeted at encouraging and promoting sustainable projects.

These projects would help incorporate power grid with renewable sources, develop more compatible biofuels for conventional vehicles, and convert waste into energy. The Department of Energy's Loan Programs Office has been responsible for launching the utility-scale solar industry and other clean energy technologies in the U.S.

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Adam Braun, founder of Pencils of Promise, is giving nonprofits a no-nonsense way to bring entrepreneurship to the next level. Pencils of Promise is a philanthropic organization that focuses on forming sustainable educational programs, and forging long-lasting, partnerships with communities. The organization aims to increase access to quality education and impact students and their families in high-need communities throughout Laos, Ghana and Guatemala.




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