Hickenlooper Announces $2 Million in Climate Innovation Funding for Colorado Small Businesses

Department of Energy grants will invest in climate technologies and innovation for small businesses in Boulder, Larkspur, Littleton, Steamboat Springs & Wheat Ridge

Washington, D.C. – U.S. Senator John Hickenlooper today announced that seven Colorado small businesses will receive $2,025,789 in funding from the U.S. Department of Energy (DOE) to innovate and develop clean energy solutions to combat climate change. The funding targets underrepresented communities and small businesses and aims to develop an array of clean energy technology, from climate research to advanced materials for clean energy applications.

“Climate change demands an all-hands-on-deck solution. Colorado small businesses are well-equipped to create the innovative technologies that will jumpstart our great transition to clean energy,” said Hickenlooper.

The funding is administered by DOE’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs to fund technological innovation, encourage participation of diverse communities, and facilitate technology transfer between research institutions and small businesses. In total, $35 million will support 158 projects across 29 states.

A full list of Colorado recipients and grant amounts is available HERE and below.