DOE announces $16 million in funds to bring to market energy tech from national labs

In Washington, the U.S. Department of Energy (DOE) recently announced nearly $16 million in funding to help businesses move promising energy technologies from DOE’s National Laboratories to the marketplace. This first Department-wide round of funding through the Technology Commercialization Fund (TCF) will support 54 projects at 12 national labs involving 52 private-sector partners.

The TCF is administered by DOE’s Office of Technology Transitions (OTT), which works to expand the commercial impact of DOE’s portfolio of research, development, demonstration and deployment activities. In February of 2016, OTT announced the first solicitation to the DOE National Laboratories for TCF funding proposals.