The Governor’s Energy Office has awarded $350,000 in grants to eight organizations for “New Energy Economic Development,” or NEED, efforts.
NEED grants must be used to develop emerging technologies that could attract additional investment to Colorado’s growing energy-efficiency and renewable-energy industries.
Tom Plant, director of the energy office, said the grant program gives organizations a “hand up” in advancing emerging energy technologies into the marketplace that “help us reduce our energy usage and carbon footprint.”
A second round of funding totaling $650,000 is also planned. Applications will be accepted, beginning February 15.
Winners of the first round of grants were: