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Published on 07-09-2019 10:14 AM
U.S. Department of Energy's Public-Private Collaboration Stimulates Innovation to Bolster U.S. Competitiveness, Security | site |
(June 25, 2019) - - The U.S. Department of Energy published (today, June 25, 2019) the following information:
WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) announced over $24 million in funding for 77 projects supported by the Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). With matching funds from the private sector, these projects will advance the commercialization of promising energy technologies and strengthen partnerships between DOE’s National Laboratories and private sector companies to deploy these technologies to the marketplace.
“Technology transfer is an essential component of our mission at DOE, helping ensure we deliver the maximum return on the investment of the American taxpayer, said U.S. Secretary of Energy Rick Perry. “Through the Technology Commercialization Fund, we are connecting entrepreneurs in the private sector with researchers at our National Labs to help deliver the innovations and technologies that will keep our nation secure, competitive, and energy abundant.”
“Working alongside the private sector through initiatives like the Technology Commercialization Fund ensures our innovators in the National Labs are plugged into the engine of our economy, American business,” said Chief Commercialization Officer and OTT Director Conner Prochaska. “The TCF creates an effective pathway to putting these lab-derived technologies to work and helps to maximize the impact of our research investment for the benefit of the entire nation.”
Secretary Perry has championed the Department’s commercialization and technology transfer activities by further empowering OTT to execute its mission across the entirety of the DOE research enterprise. To lead this effort, the Secretary
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