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2021 AID PROGRAMME FOR INVESTMENT IN THE DEMONSTRATION AND VALIDATION OF EMERGING MARINE RENEWABLE ENERGY TECHNOLOGIES APPENDIX I.1. AID APPLICATION FORM APPLICANT DETAILS Please use CAPITAL LETTERS
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An innovative technologies loan guarantee is a financial backing program that provides guarantees for loans taken out by companies investing in new technologies aimed at improving energy efficiency, reducing emissions, or fostering sustainable practices.
Companies or organizations that receive funding through the innovative technologies loan guarantee program are required to file relevant documentation to report on the use of funds and the progress of their projects.
To fill out an innovative technologies loan guarantee, applicants must complete the provided application forms accurately, include necessary financial information, project descriptions, and supporting documents as instructed by the loan guarantee program guidelines.
The purpose of the innovative technologies loan guarantee is to facilitate the deployment of new technologies by reducing the financial risks to lenders, thereby encouraging investment in innovations that can lead to significant environmental and economic benefits.
Borrowers must report financial data, progress on technology implementation, adherence to project timelines, and any impacts resulting from the loan usage as part of the innovative technologies loan guarantee requirements.
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