| Solicitations Sought for DOE's Entrepreneur in Residence Program |
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| Tuesday, November 25 2008 |
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DOE announced a competitive solicitation for five VCs to participate in the expansion of DOE's Entrepreneur in Residence (EIR) program to accelerate cleantech deployment and commercialization from DOE's National Laboratories. The EIR program solicitation will place five more VC entrepreneurs in five DOE's National Laboratories and will provide up to $50,000 for each entrepreneur to help defray salary and other expenses. This announcement combines with the February 2008 announcement, for a total of eight DOE National Laboratories and venture capital firms to participate in the EIR program. The five new National Laboratories to participate in the program include:
Each firm will match DOE funding and may contribute additional funds to support its entrepreneur's work. While at the laboratory, the entrepreneurs will also recommend policy and business practice modifications to the National Laboratories to further refine their scientific approaches to moving technologies into the private sector. See DOE's Web site (www.energy.gov) to find more information about the EIR program and for the funding opportunity announcement visit Grants.gov. Applications are due January 6, 2009. |


