Two companies launched by discoveries at an engineering research center at Iowa State University have been awarded grants to help them commercialize their biorenewable technologies, the Ames Tribune reported. The technologies, which would help industries produce chemicals from biorenewable sources rather than petroleum, were developed by researchers at the National Science Foundation Engineering Research Center for Biorenewable Chemicals based at ISU. OmegaChea Biorenewables LLC of Ames won a one-year, $225,000 Small Business Technology Transfer Phase 1 grant. Glucan Biorenewables LLC of St. Louis won a six-month, $150,000 Small Business Innovation Research Phase I grant.
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To read the full, original article click on this link: Business Record: Biotech spinoffs receive commercialization grants
