The U.S. Department of Energy is offering grants to small businesses that will create jobs and stimulate economic growth.
Small
businesses are now able to receive money from the Recovery Act and FY
2010 budget for commercialization of promising new technologies.
According
to U.S. Energy Secretary Steven Chu, the amount from the Recovery Act
and FY 2010 budget for the small businesses grants is $30 million nationwide.
This
funding is adding to the efforts of the Small Business Innovation
Research program and the Small Business Technology Transfer program.
These programs are supporting small businesses that will have an important role in a clean energy economy in the future.
The SBIR and the STTR are also developing near-term clean energy technologies.
Department
of Energy has awarded Phase II grants to small businesses in the past,
but this is the first time they have offered Phase III grants.
Small businesses that were awarded the Phase II grants from the SBIR and the STTR are eligible for this grant.
The projects that the
DOE
is encouraging to apply are developed technologies that have a strong
commercialization, potential for job creation and will have an impact on
U.S. manufacturing.
Companies that are awarded the grant may
receive up to $3 million over three years to be able to research,
develop and deploy new technologies.
Applications are being
accepted currently for biomass technologies, buildings technologies,
fuel cell technologies, geothermal technologies -- high temperature
tools
and sensors, industrial technologies, solar technologies -- lowering
the cost of photovoltaics through Innovative augmentation, wind
technologies, fossil energy, electricity delivery and energy reliability
and nuclear energy.
The deadline to apply is Aug. 4 by 8 p.m.
For more information, go to
DOE's website.
Writer:
Mandy Erfourth
Source: U.S. Department of Energy news release
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