Category: Finance
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Flywheel Developer Awarded ARPA-E Contract
Beacon Power Corporation, a developer of energy storage systems and services in Tyngsboro, Massachusetts, signed a contract with the U.S. Department of Energy’s Advanced Research Projects Agency – Energy (ARPA-E) to develop components of a more advanced flywheel energy storage system over a two-year period. Beacon Power says the contract is valued at $2.8 million.…
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Commerce Dept. Makes Science-Tech Commercialization Awards
Six U.S. technology R&D organizations are the winners of the U.S. Department of Commerce’s i6 Challenge, a competition of ideas for technology commercialization and entrepreneurship. Commerce Secretary Gary Locke announced the winners today at an event on regional innovation clusters co-hosted by The Brookings Institution. The i6 Challenge identifies the nation’s best ideas for technology…
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Microfinance Expands for Research Funding
SciFlies is the latest Web site for collecting public donations for research, taking the grassroots funding model found in the arts and media and applying it to science. With Sciflies and similar sites, researchers pitch their ideas to the public at large, who then can contribute to their favorite projects. The SciFlies idea is similar…
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Grant Awarded for Research on Geothermal Power from CO2
GreenFire Energy in Salt Lake City, Utah received a $2 million grant award from the Department of Energy’s Geothermal Technologies Program to investigate and evaluate the potential for low-temperature carbon dioxide-based (CO2-based) geothermal power production. The Department of Energy says GreenFire Energy will provide field evaluations of a low temperature CO2-based geothermal electric power generation…
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Contracts Awarded for Countermeasure Upgrades
The U.S. Department of Health and Human Services’ Biomedical Advanced Research and Development Authority (BARDA) announced the first contract awards to upgrade the infrastructure for producing medical countermeasures that protect against natural and man-made biological threats. The eight contracts are expected to reduce the time and cost of development, testing, and production of medical countermeasures…
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NIH Awards Two Small Business Grants for Skin Disorders
Signum Biosciences Inc. in Princeton, New Jersey received two Small Business Innovation Research (SBIR) Phase 1 grants by the National Institute of Arthritis and Musculoskeletal and Skin Diseases, a division of the NIH, totaling over $684,000 for development of G-protein coupled receptor modulating therapeutics designed to treat common skin disorders. Phase 1 SBIR grants fund…
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Contract Awarded for Radiation Countermeasure Drug
Cleveland BioLabs Inc., a drug development company in Buffalo, New York, received a contract from the U.S. Department of Defense (DoD) to develop and stockpile its drug CBLB502 as a medical radiation countermeasure. The initial contract provides $14.8 million for advanced development of the drug, with later options worth $30 million for purchase of doses.…
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New York Life Sciences Landing More Venture, Government Funds
The New York Biotechnology Association (NYBA) in Stony Brook said today that in the first half of 2010, universities, companies and research organizations in New York State received $336.6 million in private and government investment. NYBA based its report on results from the quarterly PricewaterhouseCoopers Money Tree Report and data from the National Institutes of…
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Energy Dept. Awards Grants for University Tech. Commercialization
The U.S. Department of Energy (DoE) selected five projects to build and strengthen what it calls “innovation ecosystems” designed to accelerate the movement of new energy technologies from university laboratories to the market. This is the first time DoE has funded this type of university-based commercialization. The ecosystems will bring together universities, the private sector,…
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Small Business Robotics Research Grants Available
Five U.S. federal departments and agencies announced a joint solicitation for small business research on Robotics Technology Development and Deployment (RTD2). Under this program, small businesses can apply for research funding on a wide range of topics, including robot-assisted rehabilitation, robotics for drug discovery, and robots that can disarm explosive devices. The White House Office…