Funded through the Energy Department's Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, the selections are for Phase II work. In Phase II, companies will build on the conceptual work undertaken in Phase I and pursue the next steps in bringing the technologies to market. The Phase II awards are up to $1 million for work over two years. The awards support developing technologies in areas ranging from large wind turbine towers to more energy-efficient data centers. For example, the Xunlight 26 Solar company of Toledo, Ohio, will work on transparent, flexible cadmium telluride modules for photovoltaics.
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.
Sunday, July 8, 2012
Energy Department Announces $102 Million for Small Business Research
The Energy Department announced on June 27 that it will
award new funding to 104 small businesses nationwide. The grants, totaling more
than $102 million, will support businesses in 26 states, helping companies to
develop promising technologies with a strong potential for commercialization
and job creation.
Funded through the Energy Department's Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, the selections are for Phase II work. In Phase II, companies will build on the conceptual work undertaken in Phase I and pursue the next steps in bringing the technologies to market. The Phase II awards are up to $1 million for work over two years. The awards support developing technologies in areas ranging from large wind turbine towers to more energy-efficient data centers. For example, the Xunlight 26 Solar company of Toledo, Ohio, will work on transparent, flexible cadmium telluride modules for photovoltaics.
Funded through the Energy Department's Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, the selections are for Phase II work. In Phase II, companies will build on the conceptual work undertaken in Phase I and pursue the next steps in bringing the technologies to market. The Phase II awards are up to $1 million for work over two years. The awards support developing technologies in areas ranging from large wind turbine towers to more energy-efficient data centers. For example, the Xunlight 26 Solar company of Toledo, Ohio, will work on transparent, flexible cadmium telluride modules for photovoltaics.
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