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ORNL launches new business accelerator for energy tech entrepreneurs

Posted at 7:39 pm September 22, 2016
By Oak Ridge Today Staff Leave a Comment

Pictured above during an Innovations 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, Charlie Brock. (Photo by ORNL)

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…]

Filed Under: Front Page News, Oak Ridge National Laboratory, ORNL, Slider, U.S. Department of Energy Tagged With: Advanced Manufacturing Office, Argonne National Laboratory, business accelerator, Chain Reaction Innovations, Charlie Brock, clean tech entrepreneurs, Cyclotron Road, DOE, EERE, energy tech entrepreneurs, Innovation Crossroads, Johanna Wolfson, Lab-Embedded Entrepreneurship Program, Lawrence Berkeley National Laboratory, LEEP, Manufacturing Demonstration Facility, Mark Johnson, Moe Khaleel, National Transportation Research Center, Oak Ridge Leadership Computing Facility, Office of Energy Efficiency and Renewable Energy, ORNL, Spallation Neutron Source, Thom Mason, Thomas McDonald, Tom Rogers, U.S. Department of Energy

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