The 2014 Department of Transportation (DOT) discretionary budget is a total of $76.6 billion.
The DOT will kick-start job creation with $50 billion in direct investments in 2014 into infrastructure projects, improving roads, bridges, innovative transit systems, border crossing technology, railways and runways.
The DOT will also invest $10 billion in new technologies to incentivize infrastructure development.
The DOT will also invest nearly $1 billion in 2014 to grant funds to the next generation of air transportation systems to revolutionize modernization of our aviation system.
Spectrum Aero (Spectrum Aero-Home) is an example of revolutionary technology that will revolutionize the aviation world.
The DOT has nine (9) core areas for its grant funding initiatives:
1. Surface Transportation Improvement DOT-Surface
2. Accessibility to Disadvantaged Populations DOT-Disadvantage
3. Fixed Guide-way Systems DOT-Guideway
4. Rail DOT-Rail
5. Surface Transportation Planning DOT-Planning
6. Bike Pedestrian DOT-Bike
7. Marine Transport DOT-Marine
8. Air Transport DOT-Air
9. R & D DOT- R & D
The DOT implemented a $ 10 billion dollar dedicated funding program to improve efficient and reliability of a freight grant program.
This will include rail, highways and shipping ports-these grants will be a direct investment into the greatest needs of efficient trade across the country. This will help President Obama in his export initiative.
The DOT has a commitment to sustainable initiatives and outline's nine core goals in the Strategic Sustainable Performance Plan 2013 (SSPP)
1. Reducing Greenhouse gas emissions
2. Sustainable Building
3. Fleet Management
4. Water Management
5. Pollution Prevention
6. Sustainable Acquisition
7. Electronic Stewardship
8. Renewable Energy
9. Climate Change and Resiliency
Their is billions of dollars for businesses that develop technologies that support these nine core goals of the DOT SSPP.
The grant funding programs are non-resource, non-dilutive capital that can help jump-start your business.
DOT-Strategic Sustainable Performance Plan 2013
Department of Transportation-Home
Joshua D. Mosshart BIO
Cleantech Grants
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