DOE Announces Over $16 Million for Innovative Small Businesses Focused on Energy Technologies

To highlight President Obama’s focus on small businesses as leaders in an economy built to last, acting Secretary of Energy Daniel Poneman today announced that the U.S. Energy Department will award 88 grants to small businesses in 28 states to develop clean energy technologies with a strong potential for commercialization and job creation. These awards, totaling over $16 million in investments, will help small businesses with promising ideas that could improve manufacturing processes, boost the efficiency of buildings, reduce reliance on foreign oil, and generate electricity from renewable sources.

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