June 13th, 2011

D.O.E. Grants $83 Million To Biofuels Startups (Not One Of Them In Silicon Valley)

Maybe it’s just a biofuels thing this year, but it seems like the feds are giving cleantech grant money to companies and institutions that are based anywhere but in the nation’s capital of venture capital.

The U.S. Secretary of Energy Steven Chu announced six recipients of $36 million in total grant funding via the Department of Energy’s Biomass Program on Friday. That non-dilutive funding went… → Read More