The Best Color for an Entrepreneur is Green

New Resource for Renewable Energy Companies

Recycling, carpooling, planting trees…. These are some of the common activities you can do in your daily life to help conserve energy and help the environment. What about the bigger picture? What about the opportunity to change the world on a much larger scale?

Well Kentucky has just made it a little easier for those companies who are trying to do just that.

In October, the University of Kentucky broke ground on what will become the university’s first certified green building. The university spent $19.8 million to develop the renewable energy laboratory. The laboratory will allow the university’s Center for Applied Energy Research to expand its research efforts devoted to Kentucky’s renewable energy industries.

These new resources can be used in conjunction with green technology companies to help boost them through the research and development stage. Whether you’re operating your business in Lexington, Elizabethtown, or Paducah you have access to key research and development staff and tools to get you to the commercialization stage. Not only do these resources increase the credibility of your company, but allow easy access for developmental and strategic planning trips.

Additionally, working with a university can open your company up to new funding opportunities such as STTR(Small Business Technology Transfer Research) investments. You may also qualify for a Kentucky matching program where the state may double the STTR funding. Take a look at the company NuForm who is centered on technology developed at the University of Kentucky.

http://www.bizlex.com/Articles-c-2010-04-27-92359.113117_From_waste_to_efficiency.html

The Center is has a plethora of different energy conservation projects that focus on the optimal use of Kentucky’s and the nation’s energy resources for the benefit of its people. The Center will now be able to help energy companies focus more on projects related to biomass and biofuels, electrochemical power sources, and distributed solar energy technologies.

Whether it is developing new biofuel product, for our vehicles, using algae or using fly ash to develop a new form of concrete, the Center is truly a leading resource in Kentucky’s push towards a more green state.

For more information on the Center for Applied Energy Research please visit their website at http://www.caer.uky.edu/

Or contact Richard Davis at EntrePaducah at (270) 443-1746 or rdavis@entrepaducah.com