The U.S. Environmental Protection Agency (EPA) this week announced $1.6 million in Small Business Innovation Research funding for 15 small U.S. businesses committed to developing technologies designed to help protect human health and the environment. ZILA Works, a Renton-based company founded in 2014 that is working to replace toxic everyday products with environmentally friendly alternatives made from carbon sequestering and renewable resources, was named among the 15 funding recipients.
The award provides ZILA Works with $100,000 in Phase I funding to support development of the company’s flagship product, a bio-epoxy resin made from industrial hemp oil.
“EPA’s Small Business Innovation Research program is awarding funding to these small businesses because they have demonstrated the potential to create technologies that will improve our environment and our economy,” said EPA Administrator Scott Pruitt. “These technologies are focused on creating cutting-edge products that can help solve today’s complex environmental problems and enhance economic growth.”
Companies that received Phase I funding, like ZILA Works, will be eligible to compete for a Phase II funding award in the amount of $300,000 to continue the development and commercialization of their products.