GrantExec

2025 Clean Water Construction Treatment Works Projects

$15,500,000
Closed
Washington D.C.
Grant Description

The Denver Business Journal's 2024 Fast 50 Awards program aims to recognize and celebrate the fastest-growing private companies in the Denver metropolitan region. This initiative aligns with the implicit mission of the Denver Business Journal to support and highlight local business success, fostering economic growth and entrepreneurial spirit within the community. The awards serve as a platform to honor companies that demonstrate significant financial achievement and contribute to the region's vibrant business landscape. The primary target beneficiaries of this awards program are privately held, for-profit companies headquartered in the 7-county metro Denver region (Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, or Jefferson counties). The program's impact goal is to publicly acknowledge and reward these companies for their substantial revenue growth, thereby inspiring continued economic development and providing valuable recognition that can enhance their market presence and attract further investment or talent. The program's core focus and priority is to identify companies based on their percentage of growth in annual revenue over the past three fiscal years (2021 to 2023). Specific eligibility criteria include having a 3-year financial history with revenue gains from 2022 to 2023, an average of at least $1 million in revenue during the three most recent years, and no less than $200,000 in revenue in 2021. Companies must also be independently owned without a parent company and approve the publishing of their financial information. The expected outcomes of the Fast 50 Awards include increased visibility for the recognized companies, enhanced local business pride, and a benchmark for other businesses striving for growth. Measurable results will be the publication of the "Fast 50" list in a special section of the Denver Business Journal on October 20, 2023, and a special awards celebration on October 24, 2024, where finalists and winners will be honored. The verification of reported gross revenues by an independent accounting firm ensures the credibility and accuracy of these results. While the Denver Business Journal's strategic priorities are not explicitly detailed as a "foundation's strategic priorities and theory of change," it can be inferred that their strategy revolves around promoting local commerce, offering valuable insights, and creating networking opportunities for the business community. The Fast 50 Awards program serves as a key mechanism within this strategy, operating on the theory that publicly celebrating business success will stimulate further economic activity and engagement within the Denver metro area. The requirement for a C-level executive to attend the event on October 24, 2024, further emphasizes the importance of executive-level participation and recognition.

Funding Details

Award Range

$250,000 - Not specified

Total Program Funding

$15,500,000

Number of Awards

Not specified

Matching Requirement

Yes - Resources provided by the applicant should appear in the column titled β€œNon-DOEE Match,” meaning the Applicant intends to provide the indicated resources (i.e., the β€œmatch,” and that the resources do not come from DOEE). The total of all sources of project match must meet at least 20-45% of the total project budget depending on the funding source. Contributions of in-kind services do not meet the criteria for match. Finally, all construction projects must provide proof of a 100% performance bond and a 100% payment bond.

Eligibility

Eligible Applicants

Nonprofits
Public and State controlled institutions of higher education
Private institutions of higher education

Geographic Eligibility

All

Key Dates

Application Opens

June 3, 2024

Application Closes

June 17, 2024

Contact Information

Grantor

Washington D.C. Department of Energy and Environment

Phone

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Categories
Energy
Environment
Infrastructure
Education