Small companies developing clean energy technology, including wind shown above, have until next Wednesday to submit applications for funding to the DOE.
Great news for the future of clean energy technology and small businesses! Small companies developing clean energy technology can now receive funding from $30 million appropriated by the U.S. Department of Energy (DOE) from the Recovery Act and Fiscal Year 2010 budget. The DOE’s recent announcement of the funding opportunity states that successful small business applicants “may receive up to $3 million for over 3 years to research, develop and deploy new technologies.”
The DOE is accepting applications from small businesses that are developing biomass, building, fuel cell, geothermal, industrial, solar, vehicle, wind, fossil energy, electricity delivery and energy reliability, and nuclear energy technologies. This not only supports economic growth but also the potential to create new jobs and promote innovation.
Applications must be submitted before 8 p.m. EST on Wed., Aug. 4. To see if your small business qualifies for funding, read the DOE’s recent announcement.