The U.S. Environmental Protection Agency (EPA) announced $3 million in funding for the businesses, including Faraday Technology, Inc., in Englewood, to develop and commercialize technologies focused on clean and safe water, air quality monitoring, land revitalization, sustainable materials management and other uses.
“We must meet our country’s most pressing environmental concerns with innovative solutions,” EPA Administrator Andrew Wheeler said in a release Wednesday. “The funding provided by EPA will allow these small businesses to pursue solutions to environmental challenges.”
“We are proud to have a business such as Faraday Technology in our region, using innovative technology to help protect the environment and public health,” EPA Region 5 Administrator Kurt Thiede said in the same announcement. “We are pleased to help Faraday Technology, Inc., achieve its goals and to remediate PFAS contamination through this funding award.”
“PFAS” stands for per- and polyfluoroalkyl substances, potentially harmful man-made chemicals.
“Faraday Technology Inc. and our collaborators are excited to receive these awards from the EPA regarding the destruction of PFAS,” said Dr. E.J. Taylor, Faraday’s founder and chief technology officer. “PFAS represent a serious challenge to maintaining a sustainable ecosystem.”
Faraday will use funding from EPA’s Small Business Innovation Research (SBIR) program to develop electrochemical removal of PFAS in soils and to treat PFAS-contaminated wastewater and landfill leachate streams.
Nationwide, a total of nine businesses are receiving Phase II funding of up to $400,000.
They include companies in College Station, Texas, Torrance, Calif., San Antonio, Texas and elsewhere.
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EPA’s SBIR funding promotes local economies by empowering small businesses across the country to create jobs while developing novel environmental technologies.
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