This blog will focus on and discuss business and legal issues important to entrepreneurs as they develop products and services, seek capital, expand and exit the market. In addition, this blog will discuss federal and state economic development incentives and finance programs that are geared towards incentivizing affordable housing, renewable energy, historic preservation, small business start up and job creation.
Thursday, February 23, 2012
Funding for Natural Gas and Biofuels
The Department of Energy announced new funding opportunity for two key alternative fuels – natural gas and biofuels. Through its Advanced Research Projects Agency – Energy (ARPA-E), the DOE will make $30 million available for a new research competition in the coming months that will encourage entrepreneurs to find ways to harness our abundant supplies of domestic natural gas for vehicles. The DOE will also make $14 million available to support research and development into biofuels from algae.
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