Wednesday, June 27, 2012
The Foundation awards grants quarterly to companies whose focus is on Health and Human Services, Education, Arts and Culture, Civic, Community, and Environment. They have awarded nearly $90 million in financial support since 2000 to companies who have improved lives and communities through their efforts in these areas.
Monday, June 25, 2012
Sirnaomics, Inc., a leading biopharmaceutical company in Gaithersburg, Maryland, has been awarded a National Institutes of Health (NIH) Small Business Innovation Research (SBIR) grant to continue research on a product called STP705. This product helps minimize scarring during the healing process on skin wounds.
The government funding will enable Sirnaomics to continue their research on this new pharmaceutical drug compound that could potentially help 42 million surgery patients annually in the United States alone. This is the fifth NIH SBIR grant the company has been awarded, in addition to other grants from the government.
Friday, June 22, 2012
A Stratford, Connecticut company has won a grant from Connecticut's Small Business Express Program. The Small Business Express Program is part of the state's $100 million effort to support small businesses who create jobs and increase business in Connecticut.
Domack Restoration LLC was awarded a $100,000 grant from the state. Domack, a commercial restoration and roofing company employing 20 people, plans to use the money to hire more employees.
Thursday, June 21, 2012
Connecticut Governor Dannel P. Malloy announced that five companies will receive business funding support as part of a state small business aid program. The state has set aside $100 million to assist qualifying companies through the Small Business Express program, established by the Connecticut Department of Economic and Community Development.
ForeSite Technologies Inc., an information technology company in East Hartford, will receive a $250,000 loan from the state and spend $425,000 for a total investment of almost $700,000 for improvements and staff expansion.
Monday, June 18, 2012
In a small town called Enid, Oklahoma, the Enid Regional Development Alliance (ERDA) has recently announced the winners of its first annual Downtown Grant Awards program.
The board of directors had announced earlier this year in March that it would begin to offer up to three grants each year to new or expanding businesses downtown. The grants are valued at $5,000 each, and the criteria for the grant awards were that the business be located in the Enid city area area bounded by Elm on the north to Garriott on the south, and Adams on the west to the railroad tracks east of 2nd on the east.