Pictured above during an Innovation Crossroads business accelerator announcement on Tuesday, Sept. 20, 2016, at the National Transportation Research Center in Hardin Valley are, from left, Mark Johnson, Johanna Wolfson, Moe Khaleel, Thomas McDonald, and Charlie Brock. (Photo by ORNL)

The nation’s top innovators will soon have the opportunity to advance their promising energy technology ideas at the U.S. Department of Energy’s Oak Ridge National Laboratory in a new program called Innovation Crossroads. Up to five entrepreneurs will receive a fellowship that covers living costs, benefits, and a travel stipend for up to two years, plus up to $350,000 to use on collaborative research and development at ORNL. The first cohort is expected to start the program in early 2017, a press release said.

A growing global population and increased industrialization require new approaches to energy that are reliable, affordable, and carbon neutral. While important progress has been made in cost reduction and deployment of clean energy technologies, a new program at DOE’s Office of Energy Efficiency and Renewable Energy, or EERE, will invest in the next generation of first-time clean energy entrepreneurs to accelerate the pace of innovation, the press release said.

Innovation Crossroads is the most recent clean energy accelerator to launch at a DOE national laboratory and the first located in the Southeast. ORNL is the nation’s largest science and energy laboratory, with expertise and resources in clean energy, computing, neutron science, advanced materials, and nuclear science. [Read more…]