December 4, 2005

Alternative energy may help jolt Michigan 's economy

Next Energy got off to a rocky start when an arrangement with U of M fell apart. The Engler administration then turned to WSU, which offered building space in its nascent Tech Town technology park. The non-profit received an initial $30 million for the Michigan Economic Development Corp. NextEnergy has attracted another $13 million in federal research funding for incubator companies that are developing wind power, fuel cells, bio-diesel fuel and other alternative energies.

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