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Home > News > Illinois Economic Development Officials Announce $190,000 in Grants to Four Chicago Area Technology Firms to Advance Commercialization Efforts

September 13th, 2007

Illinois Economic Development Officials Announce $190,000 in Grants to Four Chicago Area Technology Firms to Advance Commercialization Efforts

Abstract:
Advanced Diamond Technologies, Inc. , a Romeoville-based nanotechnology company formed in December 2003 to commercialize diamond technology from Argonne National Laboratory, is receiving a $50,000 grant. This SBIR Phase I project will advance the development of foundry-quality MEMS (micro-electromechanical systems) wafers made from diamond—ushering in the era of diamond MEMS.

This project is expected to create two new jobs and retain three others. ADT, which has secured over $1 million in SBIR grants, has also received $140,000 from DCEO's Innovative Product Grant (IPG) program, the nation's first state-funded grant program focused on developing products to meet homeland security needs.

Source:
expansionmanagement.com

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