M4 Engineering Inc., a small company in Long Beach, has figured out how to use tax dollars to prosper.
Not its tax dollars. The company — which provides structural analysis, consulting and software development for aerospace firms — has leveraged a string of federal research grants into products and services it sells to clients.
It has even spun off a small company, Modular Wind Energy Inc. of Huntington Beach, which uses M4's federally funded research to develop lighter and cheaper blades for wind turbines.
"What we have tried to do is take that money from the government and, sure, do good research for the problem the government is interested in, but also try to turn that into something much bigger, said Kevin Roughen, M4's vice president.
To read the full, original article click on this link: Small business: Through grants, small tech firms put government tax dollars to work - latimes.com
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