The Michigan Energy Office is the point of reference for the U.S. Department of Energy's Industrial Technologies Program (ITP) . The Industrial Technologies Program partners with U.S. industry to improve industrial energy efficiency and environmental performance.
Program Areas: ITP areas work together to reduce the energy requirements of manufacturing while stimulating economic productivity and growth. These include: Industries of the Future, Best Practices, Crosscutting Technologies, Industrial Assessment Centers (IACs) and Industrial Energy Systems.
Financial Incentives
R&D Funding Programs Specifically for Innovative Small Businesses in Industrial Technologies
The federal government has Departments, Agencies and programs that regularly provide grants for Commercially ViableIndustrial-related technologicalinnovations, products and processes. One such program - Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) - provides R&D grants to small businesses (<500 employees) that range from: $100,000 (Phase I) to $1,000,000 (Phase II).
Some of Michigan's most prominent cutting-edge commercial businesses were launched with SBIR/STTR funding and continue to procure millions of dollars in grants each year to maintain the vibrancy of their proprietary technology innovation portfolio and leverage their continued market leadership and commercial growth.