Funding Opportunity

LIFT - Public Infrastructure Financing Tool
2008 Competitive Round 

Insitu's ScanEagle military surveillance drone, now in full production, carries a price tag of $70,000.  The drone is also used by the fishing industry for spotting fish at sea.

What is CERB? CERB is the state’s only economic development infrastructure program. It supports business and industrial job growth in partnership primarily with rural communities. CERB provides local governments low-interest loans and sometimes grants to help finance public facility projects needed for private sector expansion and job creation.

Who is eligible?

• Counties
• Cities
• Towns
• Port districts
• Federally recognized Indian tribes
• Special purpose districts (e.g., public utility districts)
• Municipal corporations and quasi-municipal corporations with economic development purposes (e.g., public development authorities)

What public facilities are eligible?*

• Bridges
• Roads
• Domestic and industrial water
• Sanitary sewer
• Storm sewer
• Railroad spurs
• Telecommunications
• Electricity
• Natural gas
• General purpose industrial buildings
• Port facilities
  * Note: Pre-development and feasibility studies are eligible in specific areas of the state.

How can we help you?
Before submitting a project proposal, please contact staff to discuss the project and evaluate your eligibility. A relationship with staff early in the project’s development is key to strengthening the proposed project.

How does the process work?
The application deadline is at least 45 days prior to a CERB meeting (this includes a site visit by staff).

CERB meetings are scheduled six times a year to consider project applications. Please see our schedule of meeting dates and application deadlines.

CERB Programs:

• Traditional/Rural Programs
• Local Infrastructure Financing Tool Competitive Program (LIFT)

CERB News
CERB 2006 Legislative Report