from VentureBeat. I’m still getting used to the idea of grants as funding for companies. I know, grants and other instruments like SBA loans have helped start companies for a long time, but with so much private money looking to be invested in green energy you’d think the gov’t could sit it out, or am I looking at this the wrong way?
Bloo Solar picks up $100K grant for solar nanotech
By Chris Morrison 02.28.08
Various schemes for increasing the effectiveness of solar cells through nanotech have shown great promise of late. One idea, under development by Bloo Solar, is to increase the surface area of cells by layering nano-sized “bristles” on.The bristles are essentially nano-scaled, hair-like wires, arranged vertically to capture more energy. The company claims that its technology increases total surface area by 700 times, helping capture far more sunlight.
The $100,000 grant was provided by the National Science Foundation. Bloo Solar is located in West Sacramento, Calif., and has not yet taken venture funding, according to our records.
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