The West Virginia Capital Access Program (WVCAP) approved a loan of $500,000 for RealX Ventures, Inc., solar industry company in Monongalia County.
RealX Ventures created a platform which pioneers solar project origination and development at scale.
“The company has developed an innovative technology process and system to help grow utility and community scale solar projects throughout the country” said Andrew Zulauf, Executive Director at the West Virginia Jobs Investment Trust (WVJIT). “This is a growing and important business sector for our State, and WVJIT is excited to be part of the solution to these opportunities in solar energy."
WVCAP provides West Virginia small businesses with debt or equity capital to expand and create jobs. WVCAP assists credit-worthy companies that may not fit traditional lending models. WVCAP is administered by WVJIT.
For more information or to apply for funds, contact the West Virginia Jobs Investment Trust at wvjit.wv.gov/wvcap.