Grant Award

Bio2Electric, 201 Washington Road, Princeton 08543; 609-734-2183; John A. Sofranko, founder & CEO.

Bio2Electric, an energy technology company on Washington Road in the Sarnoff Center, was one of 66 companies to receive a $600,000 grant from the federal government.

The company’s project to convert natural gas into liquid fuel was selected by the U.S. Energy Department’s Advanced Research Projects Agency (ARPA-E) to receive a total of $130 million in funding through its “OPEN 2012” program. Funding ranged from almost $5 million to about $400,000.

Read the full article at U.S. 1

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