The Department of Energy (DOE) said recently that it has made available $16 million in funding through the Technology Commercialization Fund (TCF), which will help 52 private-sector partners help commercialize 54 projects at 12 national labs.
“Deploying new clean-energy technologies is an essential part of our nation’s effort to lead in the 21st century economy and in the fight against climate change,” DOE Under Secretary for Science and Energy Lynn Orr said. “The funds announced today will help to accelerate the commercialization of cutting-edge energy technologies developed in our national labs, making them more widely available to American consumers and businesses.”
Projects receiving funding fall into two topic areas: those that require additional technology maturation so that they can attract private investment and those that will be a cooperative-development effort between a lab and a private partner to make lab-developed technology more commercially applicable. The selected projects also will get non-federal funding to match the amounts received through the TCF.
“The great work at the national labs and across DOE’s programs make DOE one of the largest supporters of technology transfer within the federal government” Office of Technology Transitions Director Jetta Wong said. “These TCF selections will further strengthen DOE’s important mission to transition technologies to the market.”
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