The U.S. Department of Energy (DoE) selected five projects to build and strengthen what it calls “innovation ecosystems” designed to accelerate the movement of new energy technologies from university laboratories to the market. This is the first time DoE has funded this type of university-based commercialization.
The ecosystems will bring together universities, the private sector, the federal government and DoE’s national laboratories to identify and develop new clean energy technologies and help them succeed in the marketplace. The projects will receive a total of $5.3 million in federal funding over three years, which are expected to be supplemented with grantee investments, for a total of $9 million.
The innovation ecosystem awards are led by universities or nonprofits based in five states, and include a total of 80 project partners from across the public, private, and not-for-profit sectors. DoE says the projects listed below were selected to help nurture and mentor entrepreneurs, pursue intellectual property protection for technological innovations, engage surrounding businesses and venture capital investors, and integrate sustainable entrepreneurship and innovation across university schools and departments.
To read the full, original article click on this link: Energy Dept. Awards Grants for University Commercialization | Science Business - Connecting scientific discovery with the marketplace
