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.
Wednesday, May 30, 2012
Energy Department Awards $11 Million for Clean Energy Small Businesses
The Energy Department announced on May 23 a total of $11
million in innovative research and technology grants of up to $150,000 awarded
to nearly 67 small businesses in 22 states. The grants were awarded under the
department's Small Business Innovation Research program, part of the Obama
Administration’s broader support for job-creating small businesses and startup
companies nationwide. These businesses are located in Alabama, Arizona,
Arkansas, California, Colorado, Florida, Georgia, Illinois, Maryland,
Massachusetts, Michigan, Mississippi, New Jersey, New Mexico, New York, Ohio,
Pennsylvania, Tennessee, Texas, Vermont, Virginia, and Washington. The
businesses will work on 75 research projects including designing better wind
turbines and fuel cell technology. They will then be eligible to compete for a
second phase of the program with awards up to $1 million over two years.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment