DOE "America's Next Top Energy Innovator" Challenge

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Department of Energy Launches "America's Next Top Energy Innovator"
March 29, 2011

http://apps1.eere.energy.gov/news/progress_alerts.cfm/pa_id=508

As part of the Obama Administration's Startup America Initiative, U.S. Energy Secretary Steven Chu today announced the "America's Next Top Energy Innovator" challenge, which will give start-up companies the opportunity to license groundbreaking technologies developed by the national laboratories for $1,000 and build successful businesses. As part of this effort, the Department is reducing both the cost and paperwork requirements for start-up companies to obtain an option agreement to license some of the 15,000 patents and patent applications held by our 17 national laboratories.

"America's entrepreneurs and innovators are the best in the world," said Secretary Chu. "Today, we're challenging them to create new businesses based on discoveries made by our world-leading national laboratories. Because we've cut the upfront fees and reduced the paperwork, we'll make it easier for start-up companies to succeed and create the new jobs our economy needs. Our goal is simple: unleash America's innovation machine and win the global race for the clean energy jobs of the future." ...

Read some recent examples of established companies and start-ups that have commercialized Department of Energy technologies: http://www.energy.gov/news/documents/Americas_Next_Top_Energy_Innovator_Fact_Sheet.pdf

"Startup America" is an important element of the Administration's national innovation strategy. For more information about the steps announced today and the more than 15,000 technology opportunities currently available, visit the Department's Energy Innovation Portal. http://techportal.eere.energy.gov/

(more at link)

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Maybe someone on DU knows of someone that is working on something new! And remember these new businesses will need workers.