DOE Issues Call to Help Commercialize Energy Technologies From National Labs

The U.S. Department of Energy’s (DOE) Office of Technology Transitions (OTT) announced that it will commit up to $20 million for the first round of the DOE’s Technology Commercialization Fund (TCF) – a matching fund that helps bring promising energy technologies developed at DOE-funded national laboratories to market. In addition to helping advance promising energy related technologies with commercial potential, the TFC is intended to strengthen partnerships between the national labs and private-sector companies that can deploy energy technologies to the marketplace.

Proposals solicited from all 17 of DOE’s national laboratories will be submitted this spring for review by DOE personnel and independent evaluators. The strongest proposals that show both a promising energy technology as well as a proposed funding match will be selected for TCF funding. TCF funds will be used to match 50 percent of non-federal funds from private partners. Learn more: http://energy.gov/articles/doe-s-office-technology-transitions-issues-first-call-launch-new-energy-technologies.