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
Small Business Innovation Research Program at Work
Department of Energy Secretary Steven Chu announced earlier this week that with support from the Department of Energy, 142 small businesses around the nation are starting work this week on 180 innovative research projects. These projects range from designing better wind turbines to developing a chemical-free approach to killing bacteria in power plant cooling water. These grants to small businesses - totaling $26.4 million – are developing new energy technologies that will help to grow the United States economy, create new jobs around the country and improve competitiveness around the world.
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