DOE Announces $72 Million In Funding For Small Business R&D
On May 24, 2017, DOE announced that 68 small businesses across 24 states will receive a total of $72 million in grants to support innovative R&D. The funding was provided by DOE’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The 68 small businesses received Phase II R&D awards after demonstrating technical feasibility for innovations during their Phase I grants and competed for funding for prototype or process development during Phase II. Two of the 73 proposed projects involve the production of biobased products, specifically:
- Visolis, Inc received $1,010,000 to produce C5 hydrocarbons from organic waste biomass; and
- Trash2Cash-Energy LLC received $999,909 to convert landfill gas to drop-in renewable fuel.
Additional awards may be announced as additional appropriated funds become available to the DOE SBIR and STTR programs. More information on the recipients is available at the DOE Office of Science website.