U.S. Department of Transportation Names Small Business Innovation Research Program Award Recipients
Washington — The U.S. Department of Transportation (USDOT) today awarded 26 U.S. small businesses a total of $11,850,000 as part of the Small Business Innovation Research (SBIR) Program. Each year, the SBIR Program solicits proposals from American small businesses to improve various aspects of the national transportation system. SBIR-awarded contracts to qualifying small businesses spur research and commercialization of innovative transportation technologies to address USDOT priorities. A full l...
Battery Storage, Smart Grid, and Efficiency Companies Raise Over $1.7 Billion in VC Funding in 1H 2019 Reports Mercom Capital Group
Austin, Texas - Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2019. To get a copy of the report, visit: https://mercomcapital.com/product/q2-2019-funding-and-ma-report-for-storage-grid-efficiency Total corporate funding (including venture capital funding...
The Washington State Department of Transportation has Awarded State-wide Grants for Vanpool Vehicles
The Washington State Department of Transportation has awarded 16 public transit agencies $10 million for 420 vanpool fleet vehicles, including 10 vehicles largely powered by electricity. These new vehicles will bring the total number of hybrid-electric powered vehicles to 28. The funding announcement coincides with Gov. Jay Inslee’s proclamation of declaring July as Vanpool Month. “WSDOT is committed to working with our public transportation partners to improve our air quality while reduci...
Murphy Administration Announces $30.1 Million in FY19 Local Freight Impact Fund Grants
(Trenton) - The New Jersey Department of Transportation (NJDOT) today announced $30.1 million in grants as part of the Local Freight Impact Fund program that help counties and municipalities provide for the safe movement of large truck traffic. “New Jersey roads and bridges carry some of the heaviest amount of commercial truck traffic in the country every day,” NJDOT Commissioner Diane Gutierrez-Scaccetti said. “The Local Freight Impact Fund is an example of your gas tax dollars at work. The...
Utilities Employees Credit Union Launches Digital Financial Education Initiative for Utility Workers and Their Families
Wyomissing, PA – Utilities Employees Credit Union (UECU) announced the launch of an interactive, online financial education initiative through their new partnership with the nation’s leading education technology innovator, EVERFI, Inc. The program CueItUp is available as a complimentary resource to help UECU members learn how to manage their finances and plan for the future. “We are excited to provide a comfortable, virtual and personal way for our members to learn how to manage finances bett...
U.S. Department of Transportation Announces $300 Million Funding Allocation for Three Transit Projects in Arizona, California, and Washington
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a total of $300 million in federal funding allocations to three rail transit projects in Arizona, California, and Washington. Funding is provided through FTA’s Capital Investment Grants (CIG) Program. FTA is allocating $100 million in appropriated Fiscal Year (FY) 2019 CIG funding for each of the following projects: The South Central Light Rail Extension in Phoenix, Arizona; the Westside...
USDOT Announces $495 Million in Infrastructure Grants to 327 Airports in 46 States and the Pacific Islands
WASHINGTON – U.S. Department of Transportation Secretary Elaine L. Chao today announced that the Federal Aviation Administration (FAA) will award $495 million in airport infrastructure grants, the second allotment of the total $3.18 billion in Airport Improvement Program (AIP) funding for airports across the United States. “This significant investment in airport improvements will fund construction and rehabilitation projects that will help maintain high levels of safety in U.S. aviation,” sai...
USDOT Offers $293M in Port Infrastructure Development Grants
The U.S. Department of Transportation announced a Notice of Funding Opportunity on June 13 for $292.7 million in discretionary grant funding through its new Port Infrastructure Development Program, which aims to support public coastal ports by improving the safety, efficiency, or reliability of goods movement into, out of, or within a port. [Above photo by the Virginia DOT.] USDOT said it will award grants via this program for port transportation infrastructure projects loca...
U.S. Department of Transportation Allocates $300 Million to San Francisco Transbay Corridor Core Capacity Project
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced that the Transbay Corridor Core Capacity project will receive a Fiscal Year (FY) 2018 funding allocation of $300 million through FTA’s Capital Investment Grants (CIG) Program. The project will improve capacity on the existing Bay Area Rapid Transit (BART) heavy rail system between the City of Oakland and downtown San Francisco. "This investment in public transportation infrastructure will...
U.S. Department of Transportation Announces $74.1 Million for Orange Line Bus Rapid Transit Project in Minneapolis
WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) announced today a $74.1 million grant to the Metropolitan Council for construction of the Orange Line Bus Rapid Transit (BRT) project in Minneapolis. The project will improve mobility and transit service in the region’s busiest express bus corridor. "This federal investment will help connect residents to jobs and support continued economic growth in the Twin Cities region," said U.S. Transportati...