Michigan, United States [RenewableEnergyWorld.com] A new program undertaken by the University of Michigan (U-M) and Franuhofer will award seed money grants of up to US $200,000 annually for two years to projects that explore alternative energy innovations for transportation.
“Partnerships between U-M and a world-class research and development organization like Fraunhofer will create an environment that can quickly move innovations out into the marketplace,” said Stephen Forrest, U-M vice president for research. “We have great confidence that this will be an exciting research opportunity to get technology quickly into the hands of business and industry, especially in Michigan.”
The Michigan Memorial Phoenix Energy Institute (MMPEI) will work with U-M’s Office of the Vice President for Research and Fraunhofer to select and evaluate projects. MMPEI is dedicated to expanding energy research activities on campus and translating them into business opportunities for Michigan.
Each project must have researchers from both U-M and Fraunhofer, have strong potential to eventually attract external funding and ultimately be good candidates for commercialization. Projects will be awarded in 2009 and must be finished within two years.