U.S. Department of Energy Announces $10 Million For Small Businesses Working on New Energy Technology
WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced up to $10 million in funding to support small businesses working on energy technology that has the potential for large-scale impact, and could significantly reduce U.S. energy consumption.
The funding is part of the Advanced Research Projects Agency-Energy (ARPA-E) Exploratory Topic – Supporting Entrepreneurial Energy Discoveries (SEED).
“SEED helps achieve ARPA-E’s mission of seeking impactful solutions through innovation,” said ARPA-E Deputy Director for Technology Dr. Jenny Gerbi. “We're excited to continue to support small businesses that are developing potentially cutting-edge energy technology.”
Successful SEED projects should create new paradigms in energy technology and have the potential to achieve significant reductions in U.S. energy consumption, energy-related imports, or energy-related emissions. SEED awards will support research projects that establish potential new areas for technology development and provide ARPA-E with information that could lead to new ARPA-E focused funding programs.
This will be the third round of funding ARPA-E has announced under the SEED Exploratory Topic.
Awards may support exploratory research to establish viability, proof-of-concept demonstration for new energy technology, and/or modeling and simulation efforts to guide development for new energy technologies.
You can access more information on ARPA-E eXCHANGE.