Energy Department Invests Millions in Clean Energy Ventures

The Energy Department has invested more than $3 million to aid small businesses and entrepreneur communities that are working toward clean energy.

The Energy Department has invested more than $3 million to aid small businesses and entrepreneur communities that are working toward clean energy. The National Incubator Initiative for Clean Energy, funded by the Department’s investment, will help provide training and technological resources to improve clean energy technologies.

“Small businesses and entrepreneurs make crucial contributions to our nation’s economy every day,” said Energy Secretary Ernest Moniz. “With the right tools, these businesses and entrepreneurs can make an even bigger contribution to the development of advanced clean energy technologies. This initiative will drive innovation and foster cooperation in the clean energy business community, further advancing our clean energy economy and bringing the U.S. closer to its low carbon future.”

“This funding will help to support the growth of over 100 new clean tech jobs in Chicago, a sector that is increasingly vital to our competitiveness in the global economy,” said Chicago Mayor Rahm Emanuel. “This effort will bridge the gap between the technologies being developed by startups and the needs of large organizations strengthening our economy and positioning Chicago as a leader in addressing complex energy and resource challenges.”

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