$500,000 in seed grants awarded to advance Shale energy innovations

By Keystone Clearwater Solutions -

STATE COLLEGE, PA – Innovation has been the cornerstone of the shale oil and natural gas revolution, and since its inception in 2011, the Ben Franklin Shale Gas Innovation & Commercialization Center has been helping small Pennsylvania companies create jobs by supporting their efforts to launch innovative products and services into that market. Leveraging a $500,000 grant provided by the PA Department of Community & Economic Development, SGICC offered seed funding to 11 companies who collectively are working on 13 commercialization projects.

To date, the SGICC model has encompassed a two-fold approach:

  • Identifying potential innovators through their annual Shale Gas Innovation Contest
  • Providing financial assistance and support to accelerate the commercialization of the products or services and their acceptance into the shale gas industry

Read the full article – $500,000 in seed grants awarded to advance Shale energy innovations