11 Feb Iowa Economic Development Authority Awards Firefly Photonics $25,000
Firefly Photonics has been awarded a $25,000 Proof of Commercial Relevance (POCR) loan
Firefly Photonics has been awarded a $25,000 Proof of Commercial Relevance (POCR) no-interest loan for proof of concept work. With the funding, Firefly Photonics plans to develop high-power infrared LEDs (IRLEDs) that operate at industrially relevant temperatures and with enough efficiency to be used in next-generation carbon dioxide sensors.
The POCR Fund provides financial assistance to innovative businesses that are pursuing proof of commercial relevance and marketability of a technology.
For more information on the POCR fund, Click Here.