#Latest news with #LoansProgramsOfficeBloomberg12-05-2025BusinessBloombergTrump's Cuts Force Clean Techs to Look Into Exiting US MarketClean-tech companies that were eligible for support under former President Joe Biden are now considering leaving the US as the Trump administration pulls the plug on financing, according to the former head of the program that vetted the firms. As director of the Loans Programs Office at the US Department of Energy when Biden was president, Jigar Shah helped select roughly 400 companies with development plans to receive grants and loans upwards of $100 million each.
Bloomberg12-05-2025BusinessBloombergTrump's Cuts Force Clean Techs to Look Into Exiting US MarketClean-tech companies that were eligible for support under former President Joe Biden are now considering leaving the US as the Trump administration pulls the plug on financing, according to the former head of the program that vetted the firms. As director of the Loans Programs Office at the US Department of Energy when Biden was president, Jigar Shah helped select roughly 400 companies with development plans to receive grants and loans upwards of $100 million each.