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ED25HDQ0G0038

Project Grant

Overview

Grant Description
Purpose: The purpose of this grant program is to scale up and commercialize methanotroph technology to produce new bio-based chemicals, specifically targeting butadiene for green synthetic rubber.

The program focuses on optimizing bioreactor processes, improving recovery and purification methods, and refining catalytic dehydration techniques, all aimed at developing industrial biotechnology capabilities in Ohio.
Awardee
Bioverde Tech
Funding Goals
NON-CONSTRUCTION - FY23 REGIONAL TECHNOLOGY AND INNOVATION HUB PROGRAM PHASE 2
Grant Program (CFDA)
11.039 - Regional Technology and Innovation Hubs
Awarding / Funding Agency
Economic Development Administration (EDA) [DOC]
Place of Performance
Denver, Colorado 80202-1592 United States
Geographic Scope
Single Zip Code
Related Opportunity
FY 2023 Regional Technology and Innovation Hub Program Phase 2 Notice of Funding Opportunity (EDA-TECHHUBSPHASE2-2023)
Bioverde Tech was awarded Green Synthetic Rubber Innovation Grant Project Grant ED25HDQ0G0038 worth $11,122,386 from Economic Development Administration in December 2024 with work to be completed primarily in Denver Colorado United States. The grant has a duration of 4 years and was awarded through assistance program 11.039 Regional Technology and Innovation Hubs. $1,235,821 (10.0%) of this Project Grant was funded by non-federal sources. The Project Grant was awarded through grant opportunity FY 2023 Regional Technology and Innovation Hub Program Phase 2 Notice of Funding Opportunity.

Status
(Ongoing)

Last Modified 8/29/25

Period of Performance
12/15/24
Start Date
12/14/28
End Date
18.0% Complete

Funding Split
$11.1M
Federal Obligation
$1.2M
Non-Federal Obligation
$12.4M
Total Obligated
90.0% Federal Funding
10.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to ED25HDQ0G0038

Additional Detail

Award ID FAIN
ED25HDQ0G0038
SAI Number
None
Award ID URI
None
Awardee Classifications
Small Business
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
F4Z5M7Z78HB4
Awardee CAGE
None
Performance District
CO-01
Senators
Michael Bennet
John Hickenlooper
Modified: 8/29/25