Our subsidiary Moixa Energy ltd is pleased to announce that it has recieved a LDA Grant for Research & Development, as part of the UK DTI Technology research initiative sponsored by the Secretary of State industry.
The Grant for £152k is to support our ongoing research and development into better rechargeable battery technology for portable devices and peripherals. The award, part of a competitive program for London based companies, was formerly known as a SMART award and supports innovative R&D.
"The Grant for Research and Development allows the LDA to support some highly technically innovative small and medium sized enterprises, ensuring that new products which may otherwise not reach the market do so, and keep London at the cutting edge of innovation."
The Grant was introduced by the Department for Trade and Industry in 2003 and is run by the Mayor’s agency for business and jobs in the London region.
Update - Grant Awards Dinner 24th April 2006
Moixa Energy last night attended an awards ceremony for the London based winners of the 2006 LDA research Grants where it was presented with it's award by Professor Heinz Wolf (the one on the left).