Opportunities for Venture Capitalists at Department of Energy Laboratories

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The Department of Energy (“DOE”) is seeking to partner with leading Venture Capital (“VC”) firms in an effort to accelerate the deployment and commercialization of advanced clean energy technologies from DOE National Laboratories under the Entrepreneur in Residence (“EIR”) program. VC firms that are selected to participate in the program will each select and fund an entrepreneur to work with the technical management and staff at a national laboratory for a one-year period to identify and develop business cases for commercialization of promising laboratory technologies. The entrepreneurs will also recommend policy and business practice modifications to DOE and the national laboratories to further refine their approaches to transferring technology into the commercial sector.

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Published In: Business Organization Updates, Energy & Utilities Updates, Environmental Updates, Finance & Banking Updates, Science, Computers & Technology Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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