Friday, May 27, 2011

Obama Adminstration Announces Launch of i6 Green Challenge to Promote Clean Energy Innovation and Economic Growth

U.S. Departments of Agriculture, Commerce and Energy, along with the Environmental Protection Agency and the National Science Foundation, support entrepreneurship initiative

WASHINGTON - The U.S. Department of Energy joined with the U.S. Commerce Department's Economic Development Administration (EDA) and its Office of Innovation and Entrepreneurship today to announce the opening of the $12 million i6 Green Challenge, which will also be conducted in partnership with the U.S. Department of Agriculture, the U.S. Environmental Protection Agency, the National Science Foundation, and Commerce's National Institute of Standards and Technology and U.S. Patent and Trademark Office.

The funding will support awards for six teams around the country with the most innovative ideas to drive technology commercialization and entrepreneurship in support of a green innovation economy, increased U.S. competitiveness and new jobs. The Department of Energy will invest up to $2 million to support the $12 million multi-agency i6 Green Challenge, which will establish or expand Proof of Concept Centers across the U.S. In order to be eligible for DOE funding, applicants will be required to demonstrate innovation in the areas of renewable energy, energy efficiency, or green building technology.

"Investments in small business innovation through the i6 Green Challenge will play an important role in strengthening U.S. competitiveness and supporting economic development and job growth around the country. These centers will help companies test their innovations, a critical step in commercializing next generation clean energy technologies," said U.S. Energy Secretary Steven Chu.

More info at the DOE Website link. http://energy.gov/news/10169.htm

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