11 Mar 13 Massachusetts energy tech projects given funding
Massachusetts has long been a leader in the United States in the fields of technology and clean energy, often ranking among the top states in the nation for progressive government projects and private initiatives. Now these industries are being recognized for their achievements and being funded to make even greater strides into the future.
Earlier this week, 13 projects across the state of Massachusetts were awarded a total of $1.2 million in total funding for their efforts in promoting green energy innovation. These awards were given to businesses, researchers and organizations by the Massachusetts Clean Energy Center's InnovateMass and Catalyst programs.
Those who have won these prestigious awards in the past have gone on to great success, having raised more than $35 million in funding from venture capitalists, investors and federal programs. The point of these awards is to spur on new technology that will both benefit the economy of the state, but also help protect the environment in new and exciting ways.
"Massachusetts is a hub for clean energy innovation and entrepreneurship and Massachusetts is home to at $10 billion clean energy industry that employs more than 80,000 workers," said Massachusetts Clean Energy Center CEO Alicia Barton in a statement. "These grants will help emerging companies and researchers hone the game-changing technologies that will tackle our energy challenges and create local jobs."
If you are starting your own tech company — whether in the environmental field or not — and are in need of custom web application development to help grow your business, be sure to work with KYO Logic today! Take a look at the rest of our website to learn more about the custom database software that we offer.