The U.S. Department of Energy (DOE) Office of Technology Transitions (OTT) recently launched the second Energy Program for Innovation Clusters (EPIC) Prize. The EPIC Prize recognizes the nation’s most innovative incubators in the field of energy. EPIC awards cash prizes to regional incubator teams that submit the most creative and impactful plans, then implement those plans to develop strong clusters, connections, and support for energy startups and entrepreneurs. A total of $4 million is available for multiple awards. For more information about EPIC and how to apply see the program FAQ. Proposals are due by October 25, 2022.
How do new energy technologies get from the lab to the market?
That’s a tough question, especially when it comes to federal research at the Department of Energy. Transferring technologies from the DOE to private companies isn’t always easy. Barriers such as the “valley of death”—a gap between the end of public funding and the start of private funding—can stop a transfer.
The DOE has taken steps to address barriers, such as providing training on transferring technologies. But according to a new report by the Government Accountability Office (GAO), it could better measure the progress of its technology transfer efforts.
GAO recommended developing performance goals and measures for technology transition.