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$343K Grant Fuels Green Energy Ventures
August 17, 2010
A Duke University green energy program has been awarded a $343,239 grant that will allow the hire of 18 interns and four fellows.
The program is a joint initiative of Duke's Nicholas School of the Environment, the Center for Energy, Development and the Global Environment (EDGE), and the Center for Entrepreneurship & Innovation. It has two components: an internship program that places students with North Carolina businesses to work on high-impact energy efficiency strategies, and a fellowship program that will help fund the launch of new clean energy businesses in the state.
The grant was part of $5.6 million in stimulus funds awarded by the North Carolina Energy Office through the federal American Recovery and Reinvestment Act. The federal funds are being combined with $3 million allocated from public and private agencies in North Carolina.
All told, the funds awarded by the Energy Office will create a statewide internship program that will employ 400 North Carolina students and recent graduates training in green-energy related fields. More than 20 private businesses, public agencies and universities are expected to participate, according to information from the North Carolina Department of Commerce.