BR Business Report: Statewide coalition seeks $160M for energy transition research, commercialization

A possibly unprecedented coalition of universities, industry leaders, state agencies and regional economic development groups from across Louisiana has come together to pursue $160 million in National Science Foundation grant funding.

The Engine for Louisiana Innovation and Transition of Energy, or ELITE, hopes to help the state become a leader in the shift to a lower-carbon future, which could be worth 260,000 jobs and $13 billion in new payroll, says Samuel Bentley, vice president for LSU’s Office of Research and Economic Development.

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