Kelly Manufacturing



Indiana Ag News Headlines
Energy Dept. Awards $13 Million in Small Business Grants
Indiana Ag Connection - 05/24/2018

As part of a $34 million announcement by the U.S. Department of Energy (DOE) Secretary Rick Perry for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) research and development projects, the Office of Energy Efficiency and Renewable Energy (EERE) will fund 87 new projects across 34 states, totaling nearly $13 million in funding.

DOE technology offices award Phase I grants to small businesses that demonstrate technical feasibility for innovations during the first phase of their research. Most Phase I awards are for $150,000 for less than one year. If completed successfully, Phase I projects are eligible for Phase II. Phase II funding awards provide up to $1 million or up to $1.5 million, depending on the technology, and an award known as a sequential Phase II award can provide up to an additional $1 million.

Nine EERE technology offices are funding 10 Phase I topic areas (Advanced Manufacturing I & II, Bioenergy, Buildings, Fuel Cells, Geothermal. Solar, Vehicles, Water, and Wind) across 29 subtopics. In Indiana, EERE-funded projects include:

- Indiana Tool & Mfg. Co., Inc., Plymouth, which will receive $148,294.08 to build a pseudo real-time blockchain-based DER trading platform for decentralized participants in electricity market. ITAMCO is going to probe the market potential and analyze the feasibility of proposed blockchain system in the phase I.

- Magnetic Power-Motion, LLC, Floyds Knobs, will receiev $150,000 to focus on the development of a low cost, power dense electric motor for future electric drive vehicle. If successful, this technology will lower the cost of future electric vehicles, promoting public acceptance of this technology and expanding their market share.


Other Indiana Headlines
Sturdy-Built Fabrication
Kelly Manufacturing
Copyright © 2024 - Farms.com. All Rights Reserved.