Green Building Alliance Announces Product Innovation Grants, New Apps Due
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Green Building Alliance this week announced a total of $140,000 in Product Innovation Grants for three projects that seek to develop and introduce new and enhanced green building products. A Request for Proposals for the third round of Product Innovation Grants was also released this week, with final proposals due September 12. Awards will be announced in December. This is the second round of Product Innovation Grants awarded since GBA initiated its Green Building Product Initiative; a total of ten Pennsylvania recipients have received more than half a million dollars. The inaugural round of grants was awarded in December 2007. Awarded through a competitive selection process, GBA's Product Innovation Grants will expedite the commercialization of new building products within the fast growing green building market. The green building product market is estimated to be worth $30 to $40 billion annually by 2010. "The green market represents a significant economic opportunity for Three grants were awarded from fourteen proposals received by the Green Building Alliance for the second round of Product Innovation Grants. The recipients were: · $100,000 for commercialization of an innovative ventilation air energy recovery unit that utilizes a patent-pending membrane technology to allow water vapor molecules to pass freely while blocking other air molecules and particles; a project of Energy Wall, LLC, and Pennsylvania State University; · $20,000 proof of concept grant for a modular, reconfigurable, and sustainable residential floor & wall system to Drexel University; and · $20,000 proof of concept grant for a responsive daylighting panel integrating phase change material to "We solicited Product Innovation Grant proposals in early January from established Pennsylvania companies looking to develop innovative sustainable building products or green existing product lines or processes, from start-up Pennsylvania companies looking to enter the green building product marketplace, and from Pennsylvania university researchers and teams developing innovative green building products and the processes to produce them," explained Aurora Sharrard, PhD, GBA's Research Manager and program manager of the Product Innovation Grants. "We're very pleased with the continued interest in the product grant program and look forward to the third round of submissions." Proposals are assessed based on the criteria of green building leadership, technical merit, commercialization plan viability, partnership resources, and potential market impact. Grant award decisions are made at the discretion of GBA on the recommendations of the Product Innovation Grant Review Committee, which is comprised of individuals with a variety of relevant experience, expertise, and background, including consultants, manufacturers, investors, economic development stakeholders, and academic researchers. Participation on the Review Committee is kept confidential. Funding for GBA's Green Building Products Initiative, under which the Product Innovation Grants are awarded, is due in part to the following funders: Commonwealth of Pennsylvania, Ben Franklin Technology Development Authority; The Heinz Endowments; and the Richard King Mellon Foundation. For more information, visit the Product Innovation Grants webpage. |
7/11/2008 |
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