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Two Tools Help Entrepreneurs Develop Geothermal Resources Into Small Businesses

Giving geothermal entrepreneurs the tools they need to succeed

Low- and medium-temperature geothermal resources exist throughout the western United States, the majority not yet tapped. A recent survey of ten western states identified more than 9,000 thermal wells and springs, over 900 low- to moderate-temperature geothermal resource areas, and hundreds of direct-use sites. Many opportunities exist for geothermal entrepreneurs to develop these sites into thriving small businesses.

The Geothermal Small Business Workbook, in conjunction with the Geothermal Money Book , give geothermal entrepreneurs, small businesses, and developers the tools and information they need to understand geothermal applications (direct use and small-scale power generation), write a business and financing plan, and locate and obtain financing.


The two books do not cover geothermal heat pumps (GHPs). For information on GHPs, see: Geothermal Heat Pump Consortium, Inc. or the Geo-Heat Center.

To download either book, click on the book covers below. The books are also available on CD-ROM.

Geothermal Small Business Workbook
Geothermal Small Business Workbook
May 2003
(7.2 MB)

Geothermal Money Book
Geothermal Money Book
February 2004
(40 MB)

The Geothermal Small Business Workbook:

  • Provides background, market, and regulatory data for direct use and small-scale (< 1 megawatt) power generation geothermal projects;
  • Refers you—the geothermal entrepreneur, small company, or project developer—to several sources of useful information including owners of existing geothermal businesses, trade associations, and other organizations;
  • Breaks down the complicated and sometimes tedious process of writing a business plan into five easy steps;
  • Leads you step-by-step through the process needed to structure a business and financing plan for a small geothermal project; and
  • Helps you develop a financing plan that can be adapted and taken to potential financing sources.

The Geothermal Money Book picks up where the Workbook leaves off. It:

  • Explains the specific criteria potential financing sources use to evaluate a proposal for debt financing;
  • Describes the Small Business Administration’s (SBA) programs to promote lending to small businesses;
  • Lists specific small-business friendly lenders for small geothermal businesses, including those which participate in SBA programs;
  • Identifies federal and state incentives which are relevant to direct use and small-scale (< 1 megawatt) power generation geothermal projects; and
  • Provides an extensive state directory of financing sources and state financial incentives for the 19 states involved in the GeoPowering the West (GPW).

Get both books on CD-ROM

To receive both books on CD-ROM, complete and submit the form below. Items marked with an * are required.

* Name:
Title:
* Company:
* Address:
* City:
* State:
* Zip code:
* Email:
 

 

 

 

 

 

 

 

 

 

The Geothermal Small Business Workbook and the Geothermal Money Book were written by geothermal-biz.com with support from the U.S. Department of Energy (DOE), Office of Energy Efficiency and Renewable Energy, Geothermal Technologies Program under Contract No. DE-FG03-01SF22365.

 

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Geothermal-biz.com is produced with support from the US Department of Energy, Assistant Secretary for Energy Efficiency and Renewable Energy, Geothermal Technologies Program. Neither the US Government nor any agency thereof, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring by the US Government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the US Government or any agency thereof.

Updated 03-May-2007

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