Energy Department Announces $102 Million for Small Business Research
July 5, 2012
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. See the DOE press release, the list of awards, and the SBIR and STTR website.