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DOE to Support Tech Commercialization Efforts Under Funding Opportunity

1 min read

The Department of Energy will award $2.5M in funds to 12 projects that will work to develop methods in augmenting technology commercialization efforts.

The agency seeks to reinforce the national laboratories' capacity to serve private firms and enable access to their offerings through the Practices to Accelerate the Commercialization of Technologies initiative, DOE said Tuesday.

Seventeen national laboratories, six external partners and one National Nuclear Security Administration facility have teamed up in line with the effort.

“Secretary Perry has charged DOE’s Office of Technology Transitions with maximizing the impact of research and technologies developed across our sprawling lab complex to boost American economic competitiveness and national security,” said Conner Prochaska, chief commercialization officer and director of the Office of Technology Transitions at DOE.

“The PACT call propels us toward that objective, and our Labs have delivered by designing creative ways to streamline the lab-to-market process by leveraging their individual strengths and promoting cooperation across the Department.”

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