Washington, DC -- U.S. Energy Secretary Steven Chu announced yesterday that $30 million in funding from the Recovery Act and FY 2010 budget appropriations will be made available to qualified small businesses to support the commercialization of promising new technologies. Today's funding announcement builds on the Department's existing efforts under the Small Business Innovation Research program (SBIR) and the Small Business Technology Transfer program (STTR) to develop near-term clean energy technologies and support American small businesses that will play an important role in building the clean energy economy of the future. This is the first time DOE has offered Phase III awards under these small business programs.

A number of high-tech manufacturing sectors are emerging in parts of upstate New York despite the impact of the recession, according to a report released today by New York State Comptroller Thomas P. DiNapoli. The report highlights positive aspects of a sector that has otherwise seen major declines in jobs over the past several decades.

Rensselaer County, New York is an outstanding place to live, to raise a family, to work and to start or expand a business. The economic, educational, and recreational opportunities available in the county make it a great place to put down your roots for your business and for your family.

Take a closer look at Rensselaer County. You can see your future from here.

The Rensselaer County Regional Chamber of Commerce Economic Development Partnership (EDP) strives to develop, support and sustain the long-term economic vitality of Rensselaer County and to establish a greater awareness of the high quality of life in the County based on the strength of its regional attributes and its healthy economic climate. The Economic Development Partnership's goal is to expand and develop new business for the region by providing relevant information, contacts and assistance through marketing opportunities to regional, national and international businesses.

Principal Investors: