Archives from month » September, 2011

Virent Project Wins Federal Funding

Check out the exciting news for Virent, a Wisconsin CAPCO program company:

Virent Energy Systems Inc. was awarded up to $4 million on Tuesday for a project to accelerate the development of drop-in biofuels as well as bio-based chemicals.

Virent’s was one of three small-scale projects awarded funding by the Department of Energy, the agency announced.
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Virent’s Biofuels Process Wins More Research Funds

Check out this article published on JS Online about one of Wisconsin’s CAPCO Program companies – Virent:

Madison-based Virent Energy on Monday was one of two companies selected to proceed with additional research and development of “drop-in” biofuels.

The National Advanced Biofuels Consortium was funding six different technological processes that are being developed to replace gasoline, diesel and jet fuels, and is now moving forward with a second phase of research.

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Washington DC CAPCO Program Enables Business Growth for agencyQ

agencyQ is the latest company receiving an investment through the DC CAPCO program from Advantage Capital Partners:

Advantage Capital Partners, a leading venture capital and small business finance firm, has invested $1.6 million in agencyQ, Inc., an interactive technology services firm based in Washington, D.C. The funds, raised in connection with the District’s Certified Capital Company (CAPCO) Program, will enable the company to continue to grow and create additional high-tech jobs in the D.C. area.
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Green Bottle Gets a Boost From New Plant-Based PET

Virent, a CAPCO Program portfolio company in Wisconsin, is creating a feedstock made from plant-based sugars:

The search for a fully renewable PET drinks bottle has moved a step closer with the development of a PET feedstock from plant sugars.

By using its own catalytic process, the US-based company Virent has created paraxylene (PX), a new feedstock created entirely from plant-based sugars.
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