This week the U.S. Environmental Protection Agency announced $1.6 million in funding for seven small companies to commercialize green technologies that promise to deliver BIG results, including Media and Process Technology, Inc., Pittsburgh.

EPA is accepting applications for the next round of grants until May 21.

"Small businesses are the engine for the U.S. economy, and these small businesses show that enterprise and financial success can also spell environmental success," said Dr. George Gray, assistant administrator for the EPA's Office of Research and Development. “I’m particularly impressed by this year’s projects. Besides boiler water conservation and energy savings, Phase II winners include a more efficient biodiesel production process and nanomaterials as an alterative to mercury in lighting fixtures.”

To participate in SBIR, a small business must have fewer than 500 employees, and at least 51 percent of the business must be owned by U.S. citizens.

For more information, visit EPA’s Small Business Innovation Research Grant program webpage.

5/9/2008