By : Platts.com
Source : http://www.platts.com
Category : Small Business Grant
The US Department of Energy on Tuesday announced it has awarded a total of $26.4 million in funding to 142 small businesses to support energy research-and-development projects.
"These small businesses are working to develop new technologies to bring to the marketplace, creating new jobs and potentially new industries here in America," Energy Secretary Steven Chu said in a statement.
The projects range across the energy spectrum, from wind-turbine-analysis software to algae biofuel engineering to a high-performance magnets for fusion-energy systems.
Projects receive a range of funding, up to $150,000, through phase I of DOE's Small Business Innovation Research and Small Business Technology Transfer programs. Projects that successfully test their concepts could be eligible for phase II, which provides up to $1 million to develop technologies at the prototype- or pilot-project scale.
The programs were established to help small companies move technology innovations from the lab bench to the marketplace. DOE has long struggled with commercializing technologies developed at its national laboratories, and last year expanded the use of the SBIR program.
By law, agencies such as DOE that have large R&D budgets must set aside a small percentage of their spending to fund R&D at small businesses through the SBIR and STTR programs. The small business would retain the rights to developments and are encouraged to commercialize their discoveries.
Source : http://www.platts.com/RSSFeedDetailedNews/RSSFeed/ElectricPower/6976362
Source : http://www.platts.com
Category : Small Business Grant
The US Department of Energy on Tuesday announced it has awarded a total of $26.4 million in funding to 142 small businesses to support energy research-and-development projects.
"These small businesses are working to develop new technologies to bring to the marketplace, creating new jobs and potentially new industries here in America," Energy Secretary Steven Chu said in a statement.
The projects range across the energy spectrum, from wind-turbine-analysis software to algae biofuel engineering to a high-performance magnets for fusion-energy systems.
Projects receive a range of funding, up to $150,000, through phase I of DOE's Small Business Innovation Research and Small Business Technology Transfer programs. Projects that successfully test their concepts could be eligible for phase II, which provides up to $1 million to develop technologies at the prototype- or pilot-project scale.
The programs were established to help small companies move technology innovations from the lab bench to the marketplace. DOE has long struggled with commercializing technologies developed at its national laboratories, and last year expanded the use of the SBIR program.
By law, agencies such as DOE that have large R&D budgets must set aside a small percentage of their spending to fund R&D at small businesses through the SBIR and STTR programs. The small business would retain the rights to developments and are encouraged to commercialize their discoveries.
Source : http://www.platts.com/RSSFeedDetailedNews/RSSFeed/ElectricPower/6976362
