On January 1, 2020, the Home Retrofit and EPS New Construction Business Development Fund (BDF) yearly reimbursement allowances were replenished, and all trade ally balances were reset to zero.
All fund amounts and reimbursement requirements will remain the same in 2020 as they were in 2019:
Reimbursement requirements
| Standard trade ally | MBE, WBE, VBE and Rural* trade ally |
|---|---|
| Annual maximum: $3,000 Amount reimbursed: 30% • Up to $2,000 may be reimbursed for trainings • $200 per person maximum for training • 50% reimbursement for bilingual advertisements | Annual maximum: $4,000 Amount reimbursed: 50% • Up to $2,000 may be reimbursed for trainings • $250 per person maximum for training |
| Minimum reimbursement: • $75 for marketing • $75 for training | Minimum reimbursement: • $75 for marketing • $75 for training |
*Minority Business Enterprise (MBE), Women Business Enterprise (WBE) and Veteran Business Enterprise (VBE) designate minority-owned, women-owned and veteran-owned businesses. Rural businesses are designated as businesses that serve rural customers.
All BDF projects or training reimbursements require pre-approval and an estimated cost. Please use the Residential BDF Application to apply for pre-approval. Pre-approval confirms project and training eligibility but does not reserve funds – funds are available on a first-come, first-served basis. Please note that final invoices must be submitted within 15 days of the release of your project or the date of your training.
For more details on BDF guidelines, and to confirm pre-approval, visit the Business Development Fund Insider page or contact the Residential trade ally team at 1.866.365.3526.