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US$60m for small business clean and renewable energy innovation

11 May 2010

The Department of Energy (DoE) has announced US$60 million in funding from ARRA to support small business research and development leading to deployment of clean and renewable energy technologies.

The clean and renewable energy innovation funding is a Phase II funding opportunity under the Department’s Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) program for companies that have already demonstrated successful results with new technologies and can now show potential to meet market needs.

In Phase I, 125 grants of up to US$150,000 each were awarded to 107 small advanced technology firms across the USA. Phase II funding is only available to companies selected in Phase I.

 

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