The race is on for energy-technology entrepreneurs who have won federal economic-stimulus grants from a special high-risk technology program—with promises of more money if they can move their inventions closer to market over the next two years.
The Energy Department's ARPA-E agency—modeled on a military program for bankrolling cutting-edge technology, including computer networking that led to today's Internet—has awarded $151 million to 37 companies around the country. Nearly 3,700 companies applied for the money. A complete list of the winners selected by the Advanced Research Projects Agency-Energy can be found here.
