InsideGoogle

Google Offers $10 Million For Cleaner Transportation

Google.org is making a big move, offering $10 million worth of grants as part of its RechargeIT program to firms working on various forms of sustainable transportation, like hybrid vehicles, plug-in hybrids, and other kinds of fuel-reducing measures. Google will invest $500,000-$2 million in each company that is approved after filing a Request For Proposal, and will not sit on the boards of those companies.

September 25th, 2007 Posted by Nathan Weinberg | Google.org | one comment