UK Firm, Green Biologics, Awarded $1.1 Million to Develop Biobutanol
Green Biologics Ltd (GBL), an Oxfordshire biotechnology company, was awarded £560,000 (US$1.1 billion) to boost 'green' fuel development, specifically biobutanol, with £250,000 (US$500 million) funding from the Department of Trade and Industry-led Technology Program and £310,000 (US$610 million) from shareholder investors and business angels.
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