WASHINGTON — EPA’s Small Business Innovation Research (SBIR) program is presenting $2 million in funds to 21 small businesses in 14 states to develop and commercialize sustainable technologies that address environmental concerns, according to a press release.
“A strong economy and a healthy environment go hand-in-hand,” EPA Administrator Gina McCarthy said in the release. “With this funding we are providing opportunities for small companies to ultimately take their ideas and technology from the laboratory into the market place. Their contributions strengthen the economy while fostering public health and environmental protection.”
Each year, EPA offers a solicitation and funding opportunity for small businesses in a competitive two phase process with Phase 1 allotting companies to receive up to $100,000 for “proof of concept” of their technology, and in Phase 2, successful Phase 1 companies may apply to develop and commercialize their technology with funding up to $300,000, continued the release.
The small businesses announced today are a part of the SBIR program, as well as in Phase 1, and with EPA’s funding, many of SBIR recipient companies are able to bring their designs to reality, expand business and create products that help protect the environment as well as human health, stated the release.
Read the rest of the press release here.
