Category: Finance
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Kauffman Awards $500K Grant for More Women-Owned Startups
The Ewing Marion Kauffman Foundation in Kansas City, Missouri announced today a $500,000 grant to Astia, a business accelerator in San Francisco, California that works with women-led startups, to encourage the formation of more high-growth entrepreneurial companies owned by women. The organizations note that data show women start more than 50 percent of all businesses,…
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Robotic Catheter to Treat Cardiac Condition in Development
Researchers from North Carolina State University (NC State) in Raleigh are developing a computerized catheter designed to make the surgical treatment of atrial fibrillation faster, cheaper, and more effective. The device can also decrease a patient’s radiation exposure related to the treatment. Atrial fibrillation occurs when random electrical activity occurs in the upper chambers of…
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Intel Invests in Four U.S. Technology Companies
Intel Capital, the investment arm of Intel Corporation in Santa Clara, California, today revealed four investments totaling more than $30 million to growing technology companies in the U.S. The four companies represent the clean technology, cloud computing, and semiconductor manufacturing sectors. – Adaptive Computing in Provo, Utah provides intelligent automation software for high- performance computing,…
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Energy Dept. Awards Wind Power R&D Grants
The U.S. Department of Energy (DoE) is awarding more than $5 million to support wind energy development in the U.S., specifically to develop better forecasting tools and improve wind turbine technology. About two-thirds of the $5 million awarded will go for two projects to improve short-term wind forecasting, which can better integrate wind power into…
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Michigan Lithium Ion Battery Plant to Open Today
A123 Systems, a developer and manufacturer of battery systems, is opening today in Livonia, Michigan a new plant that the company says is the largest lithium ion automotive battery production facility in North America. The plant is expected to expand A123’s manufacturing capabilities by up to 600 megawatt hours per year when fully operational (1…
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Study IDs More Efficient Vaccine Supply Chain Processes
New research identifies potential processes for drug manufacturers and public health officials to reduce pediatric vaccine supply shortages and still maximize immunity from disease by children. Researchers at University of Illinois at Urbana-Champaign (UIUC) and Rochester Institute of Technology (RIT) in New York have developed a mathematical framework to better understand the implications of the…
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State Grant Awarded for Solar Energy Storage R&D
SunPower Corp. in San Jose, California has received a $1.8 million grant from the California Public Utilities Commission to research photovoltaic (PV) energy storage for large commercial applications. The grant, awarded from the the California Solar Initiative Research, Development, Deployment and Demonstration program, will establish a pilot program to demonstrate the integration of energy storage…
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Funding Announced for Carbon Capture and Storage R&D Projects
The U.S. Department of Energy announced the selection of 22 research and development projects on carbon capture and storage (CCS) for industrial sources. Funded with more than $575 million from the American Recovery and Reinvestment Act, these “clean coal” R&D projects follow on earlier industrial demonstration projects also funded through the Recovery Act. Some $312…
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BP Offers $10 Million to NIH for Gulf Health Research
The oil producer BP said today it is providing $10 million to the National Institutes of Health (NIH) under its Gulf of Mexico Research Initiative (GRI) to support a study of potential public health issues relating to the Gulf oil spill and other spill-related health research. The GRI is a 10-year, $500 million independent research…
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Forensic Science Center Creates For-Profit Company
The National Forensic Science Technology Center (NFSTC) in Largo, Florida has created the Forensic Innovation Center, a new, for-profit enterprise also in Largo. NFSTC conducts forensic research, education programs, and laboratory quality reviews, and evaluates forensic technologies. The Forensic Innovation Center (FIC) will conduct its work under contracts, separate from the grants and cooperative agreements…