The DOE’s Office of Energy Efficiency and Renewable Energy recently announced a dozen new topics for funding as part of the agency’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) research and development proposals. Algae R&D opportunities are featured in a number of the topics.
The funding is part of DOE’s efforts to leverage the power of small business to spur innovation and economic growth. Over the past decade a number of algae companies have taken advantage of similar funding to commercialize new innovations in algae harvesting, product development and more. The results have driven down costs across the algae industry while providing new opportunities for employment, facility expansion and rural economic growth.
Additional information on the DOE SBIR and STTR programs is also available on the SBIR/STTR website.