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Chemical Company Lands More Funding

from Inside Indiana Business

Spero Energy Inc., whose technology could make biofuel production more efficient and creates high-value, renewable chemicals used in the flavor and fragrance industry, has been awarded a $50,000 grant. The company, based in Purdue Research Park, received the funds from Elevate Ventures, a partner of the Indiana Economic Development Corporation. The funds were awarded as part of a matching program. The company had received a $150,000 Phase I SBIR grant from the National Science Foundation. more

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