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“Small businesses are drivers of innovation and are crucial to the development of a competitive clean energy U.S. economy,” said Chu. “These investments will help ensure small businesses are able to compete in the clean energy economy, creating jobs and developing new technologies to help decrease carbon pollution and increase energy efficiency.”
The companies were competitively selected from a pool of 950 applicants through a special fast-track process with an emphasis on near-term commercialization and job creation. Companies that demonstrate successful results with their new technologies and show potential to meet market needs will be eligible for $60 million in a second round of grants in the summer of 2010.
For additional details, visit www.eere.energy.gov.