24 Highlights of 2024

In 2024, Capitol Funding Solutions achieved extraordinary milestones that reflect our unwavering commitment to driving innovation, supporting communities, and transforming industries. From securing over $2 billion in funding to expanding our team and client partnerships, 2024 was a testament to the power of collaboration, expertise, and strategic vision. Join us as we take a closer look at the accomplishments that defined our extraordinary year. 

 

1. Celebrating 3 Years of Impact

This year, Capitol Funding Solutions proudly celebrated its third anniversary, marking three years of impactful work, meaningful partnerships, and steady growth. Since our founding, we have had the privilege of collaborating with exceptional clients across diverse industries, securing transformative funding that drives progress. Our talented team has grown alongside our mission, continuously delivering innovative funding strategies and solutions tailored to our clients’ needs. Heading into our fourth year, we remain inspired to continue expanding our impact and exploring new opportunities to serve our clients and communities in the year ahead.

 

2. Published 20 Industry Insights

We published 20 industry insights to empower our clients and partners with the knowledge to succeed. These articles spanned critical topics in funding strategies, nonprofit growth, and application best practices. Each article reflects our commitment to helping organizations secure funding and make an impact. Here are some of our top-read insights from 2024: 

Community Benefits Plans: Enhancing Community Impact – An in-depth look at CBPs and essential agreements for securing funding opportunities under the BIL and IRA.   

Developing a Comprehensive Nonprofit Fundraising Strategy – Strategies to enhance your nonprofit’s financial strength. 

Beginner’s Guide to Private Philanthropy Grant Research – Key strategies to identify private funding opportunities. 

Application Management: Getting Organized for Success – Essential project management tips for successful submissions.

Highlighting Energy-Related Tax Credits from the IRA – Details tax credit programs created by the Inflation Reduction Act to spur clean energy investments. 

You can explore these and more in our newsroom.  

 

3. Held our Annual Company Retreat in New Orleans 

In October, we traded our desks for the vibrant streets of New Orleans during our annual company retreat. Through engaging workshops, collaborative discussions, and an immersive dive into the city’s rich culture (not to mention indulging in some incredible cuisine), this memorable experience strengthened our team bond and inspired fresh ideas for the road ahead. 

 

4. Achieved a 100% Success Rate for 48C Tax Credit Program Applications

The team at CFS excelled in the first round of the Qualifying Advanced Energy Project Credit (48C) Program, achieving a remarkable 100% success rate for our clients. Through our efforts, we secured a substantial $352 million in tax credits for four innovative projects, showcasing our proficiency in navigating the intricacies of competitive funding. In a challenging landscape where $42 billion in proposals vied for only $4 billion in allocations, our team's performance stood out, highlighting our dedication to effective proposal management and expertise in securing funding for groundbreaking initiatives. 

 

5. Created Over 200 Opportunity Reports 

We delivered over 200 comprehensive reports specifically designed for our clients over the past 12 months. These reports showcased available and forecasted funding opportunities that aligned with their individual projects, programs, and strategic priorities. Our Opportunity Reports not only provided valuable insights into the dynamic funding landscape but also highlighted distinct opportunities that could significantly enhance the impact of our clients' initiatives. By conducting thorough analyses, we equipped our clients with the knowledge necessary to navigate their funding options confidently, enabling them to pursue discretionary funding opportunities that closely resonated with their organizational goals and aspirations. 

 

6. Established Two Associate Positions

We took significant steps to enhance our workforce by introducing two new associate-level positions to bolster our strategy and writing teams. We welcomed Samantha Strauss as an Associate Writer, whose creative talents and keen attention to detail have already made a noticeable impact on our applications and projects. Additionally, we brought on John Nictakis as a Strategic Planning Associate, whose analytical skills and strategic insight have proven essential in shaping our initiatives. Together, they have been instrumental in providing the support we need to achieve our goals effectively. 

 

7. Expanded our Writing Team

In addition to hiring Samantha, CFS welcomed another full-time member to our writing team: Cindy McGuire. As the Vice President of the Private Sector, Cindy brings an extensive and impressive background that enriches our approach to proposal management and has greatly enhanced our ability to pursue more opportunities on behalf of our clients. Cindy’s diverse professional journey has played a pivotal role in creating and refining new systems that we have recently implemented at CFS. With all that she has contributed to our team, it’s hard to believe she has only been with CFS for a year!  

 

8. Created a Custom Database for Competitive Funding Opportunities

Due to the increased volume of new funding opportunities, many agencies and offices began to develop their own unique platforms and application portals, making it more challenging to identify a comprehensive list of funding opportunities. In conjunction with Bantel Services, LLC, the CFS Strategy Team developed a proprietary centralized database of grant opportunities, pulling sources from multiple federal, state and local agencies. This effort will provide CFS clients with the most up-to-date information on newly released discretionary grant programs as they are announced. 

 

9. Won over $46 Million for Local Infrastructure Projects

CFS assisted a diverse range of clients in obtaining essential funding for infrastructure projects in 2024, totaling over $46 million secured. These projects will promote innovation, sustainability, and community development across the nation. Notable awards from this past year included: 

Lehigh-Northampton Airport Authority: $40 million through the Department of Transportation’s INFRA Grant Program to develop logistics cargo carrier facilities at ABE Airport, enhancing regional connectivity.

Learn more here.

Puerto Rico Terminals LLC & TOTE Maritime: $2.8 million through the Department of Transportation’s Reduction of Truck Emissions at Port Facilities Grant Program to support EV Infrastructure at the Port of San Juan. 

Learn more here.

Charleston County, SC: $1.2 million through the Department of Transportation’s Safe Streets and Roads for All Program for CAD-to-CAD systems to reduce fatalities and improve road safety. 

Learn more here.

 

10. Served 25 New Clients 

In 2024, we partnered with 25 new clients from a broad range of sectors across various regions. Together, we’ve accomplished ambitious goals, crafted compelling funding applications, and secured transformative awards that will fuel innovation and growth in their industries. Each new partnership represents not just growth for our business but a shared mission to inspire lasting, impactful change. We believe in the power of bold ideas, and we’re honored to help bring them to life with the funding support our clients need.  

 

11. Secured $1.1 Billion in CHIPS Incentive Program Funds 

2024 was a transformative year for the semiconductor industry, with groundbreaking opportunities to expand domestic production and strengthen the U.S. supply chain. CFS partnered with industry leaders to navigate the CHIPS Incentives Program, securing an incredible $1.1 billion in funding for cutting-edge semiconductor technologies and facilities. These awards will drive innovation by expanding U.S. production of critical materials to reinforce supply chain resilience, enhancing capabilities at existing facilities to meet the growing demand for semiconductors, and supporting the construction of new facilities to produce hyper-pure, semiconductor-grade polysilicon. We are dedicated to empowering our clients with the resources and funding needed to drive the future of technology and innovation, and we look forward to seeing the transformative impact they will have on their industries. 

 

12. Implemented a New Team Experience Initiative

This Fall, we launched our Team Experience Initiative, a key step in fostering a culture of growth, collaboration, and continuous learning at  CFS. At the heart of this initiative is Beth Sutter, our Senior Vice President of Private Sector and Team Experience, who will take the lead on enhancing resources, organizing impactful training sessions, and planning meaningful team-building activities. Beth’s exceptional organizational skills, unwavering positivity, and natural leadership make her the perfect fit to spearhead this initiative. Her efforts will support our team of lifelong learners, ensuring we remain curious, connected, and driven to succeed. Together, we’re creating a stronger, more connected team, ready to embrace challenges, grow as individuals, and make an even greater impact in the year ahead. 

 

13. Collaborated with 18 Strategic Partners

CFS worked alongside 18 strategic partners in 2024, including technical consultants, lobbyists, and law firms, to amplify the success of our clients. From navigating complex regulations to crafting winning strategies, our partners played an essential role in positioning our clients for success in sectors such as clean energy, infrastructure, and advanced manufacturing. These partnerships brought specialized expertise, insider knowledge, and connections to key policymakers and industry leaders, helping us secure transformative funding for visionary projects.

 

14. Updated Our Website 

This year, we partnered with CubbyStudios to revamp our website, delivering a more user-friendly and dynamic platform for our users. Some of the key enhancements you can expect to find include:  

Streamlined Navigation: We have enhanced the navigation of our website to improve access to important information about CFS. This new design allows for easier navigation, enabling users to find the resources and information they require more efficiently. 

Revamped Services Pages: Our services pages have been redesigned to provide a clearer understanding of how we can support you throughout your funding journey. Each service is described in detail, allowing you to make informed decisions based on what we offer.  

Enhanced Newsroom: We have introduced a dedicated newsroom that serves as a one-stop hub for the latest industry insights, funding news, and updates about our company. This section is designed to keep you informed about trends in the funding landscape and our role within it. 

As we look to 2025, we’re excited to share even more valuable content and updates.  

 

15. Won Funding for Projects in 16 States 

At CFS, we deliver results wherever our clients need us. In 2024, our team secured funding for projects in 16 states, showcasing our ability to deliver results for diverse clients across the country. From urban innovation hubs to rural development projects, we’ve worked with a wide variety of organizations to meet their specific needs and maximize impact. Some highlights included: 

Louisiana - Funded nine projects focusing on infrastructure upgrades, resilience, and economic growth. 

South Carolina & Michigan - Delivered funding for six transformative initiatives in clean energy, manufacturing, and workforce development. 

Maine & Oregon - Secured vital resources for three projects to advance sustainable manufacturing projects. 

Our ability to navigate the unique needs of diverse regions, populations, and industries sets us apart. Whether it’s helping municipalities secure infrastructure funding or assisting private companies in accessing competitive grants, our team is committed and driven to achieve success. 

 

16. $473 Million for Domestic Battery Manufacturing 

In September, CFS helped secure over $473 million in funding for three transformative projects through the U.S. Department of Energy’s Battery Materials Processing and Battery Manufacturing Recycling Program. These awards represent a major step in strengthening the U.S. battery supply chain and advancing domestic critical battery material processing and manufacturing capabilities. Here’s a look at the groundbreaking projects we supported: 

TerraVolta Resources - $225,000,000 

Project: Commercial-Scale Facility for Lithium Extraction from Domestic Brine Resources 

This facility in Texarkana will enhance U.S. renewable energy efforts by ensuring a reliable supply of lithium, a key material for electric vehicles and energy storage.

Read the full story here. 

EnerSys Advanced Systems - $198,679,760 

Project: 5 Gigawatt-Hour Lithium-Ion Cell Production Facility 

Based in Piedmont, South Carolina, this facility will manufacture high-performance lithium-ion cells, boosting domestic capabilities for industrial, defense, and specialty markets.

Read the full story here.  

Cabot Corporation - $50,000,000 

Project: Conductive Additives Plant for the U.S. Battery Supply Chain 

Located in Michigan, this site will become the first U.S. facility to produce battery-grade carbon nanotubes and conductive additive dispersions.

Read the full story here. 

These projects reflect the impact that effective funding strategies can have on shaping industries and accelerating innovation. We’re proud to support our clients in achieving their goals and driving progress toward a sustainable energy future. 

 

17. Expanded our Reach with Global Corporations

CFS expanded its reach and impact in 2024 by partnering with leading global corporations across multiple industries. We worked with leading companies to find and win the funding needed to advance their strategic initiatives. Our team’s expertise in navigating complex funding opportunities allows us to help large-scale organizations maximize their potential by unlocking new revenue streams and enabling critical projects that support long-term growth. These collaborations demonstrate our global reach and our dedication to supporting companies of all sizes as they work to achieve their vision and make a positive impact worldwide. 

 

18. Applied to 36 Unique Funders

This year, we submitted applications to 36 unique funders, including small foundations, regional agencies, and major federal departments, underscoring our capacity to strategically pursue funding opportunities of any scale for clients across industries, regions, and project types. Our team’s combined expertise allows us to pinpoint the right opportunities and craft winning applications, whether it’s for community nonprofits seeking local grants, private companies pursuing major federal awards, or municipalities looking to transform their regions. We tailor our approach to align with each funder’s priorities while maximizing the success of our clients’ projects. 

 

19. $1.4 Million Secured for West Monroe, LA

CFS is committed to helping local governments access the funding they need to invest in their communities — and the City of West Monroe, Louisiana, is a prime example of what can be achieved. Over the past 12 months, we secured over $1.4 million in competitive funding for seven impactful projects in West Monroe through a mix of federal and foundation opportunities. These awards will benefit the city and surrounding Ouachita Parish by supporting projects that enhance public parks, arts programs, and vital infrastructure—strengthening community ties, attracting tourism, and fostering sustainable growth. 

 

20. Presented for FIPRA   

This year, we had the opportunity to present to FIPRA Public Affairs, a global agency focused on business, politics, and policy. As trusted advisors in U.S. federal funding, we provided FIPRA with actionable insights on how international companies can navigate the complexities of investing in the American market and securing funding opportunities. We addressed key subjects, including the strategic implementation of clean energy tax credits to expand operations in the United States, the completion of required federal registrations, and foreign-entity eligibility criteria for U.S. competitive funding opportunities. 

 

21.  Gained over 300 LinkedIn Followers

This year, we’ve gained over 300 new followers on LinkedIn, and we’re grateful for the support, conversations, and connections we've built together. Our commitment to delivering valuable and relevant content has driven us to share essential information, highlight our company’s milestones, and provide key insights into the industry. By doing so, we aim to keep our audience well-informed about the nuances of the competitive funding landscape, helping them navigate their own challenges and opportunities effectively. Visit our page here. 

 

22. 49 applications selected in 2024  

Throughout 2024, CFS had the privilege of witnessing the positive results of our hard work from applications submitted in 2023 and early 2024. Our clients celebrated 49 funding applications selected for awards or advancement to the next stage of consideration. These projects span critical sectors such as infrastructure, clean energy, community development, and advanced manufacturing, representing billions of dollars in investments that will catalyze significant progress across various industries and regions. Our team partners closely with clients to navigate the complexities of competitive funding opportunities, ensuring each application is tailored and strategically positioned for success. From helping small municipalities secure vital grants for local infrastructure to supporting innovative companies driving clean energy solutions or enabling nonprofits to expand their community impact, we are proud to contribute to projects that create lasting, positive change. 

 

23. Submitted 101 applications 

It was a busy year for us at CFS! Over the past 12 months, we submitted 101 applications for discretionary funds on behalf of our clients. Each application represented a unique opportunity to bring impactful projects to life, and we’re proud of the effort, precision, and strategy that went into every submission. Our ability to successfully manage a high volume of complex applications reflects not only the dedication and expertise of our team but also the diversity of industries and initiatives we support.  

 

24. Reached $2 billion in Secured Funds

This year, CFS reached a monumental milestone: We have secured over $2 billion in competitive funding for our clients! Since our founding in 2021, CFS has helped over 100 clients secure funding for transformative projects, with individual awards ranging from $2.5K to $750 million. This milestone highlights the hard work, expertise, and dedication of our team, who have consistently gone above and beyond to secure the necessary resources for our clients’ success. Our strategic approach to project management and proposal writing continues to prove effective, positioning CFS as a trusted partner in securing high-impact funding. 

 

Reflecting on these remarkable achievements, we look toward the future with excitement and determination. As we kick off 2025, we are excited to continue our work of securing funding, supporting innovation, and driving positive change for our clients and communities. We are eager to explore new opportunities, continue expanding our reach across industries, and foster meaningful collaborations that create lasting value. These successes are only the beginning. The future is full of promise, and we can’t wait to embark on this next chapter of growth and success. Thank you for being part of this incredible year. Here’s to an even brighter 2025!