In an effort to inform entrepreneurs about the different federal programs that support cleantech innovation, OnGreen hosted a webinar on Start-Up America's relatively new pilot program, "America's Next Top Energy Innovator" (ANTEI). Karina Edmonds, Tech Transfer Coordinator for the Department of Energy (DOE), spent time talking about the program and DOE's mission to spur economic and energy security in the U.S.
America's Next Top Energy Innovator was born out of one of Start-Up America's main goal to reduce barriers to innovation. The program intends to cut down the costs and paperwork for start-up companies trying to license patents from DOE National Labs.
For an upfront fee of $1000 (a total savings of $10,000 - $50,000), an entrepreneur can license up to three patents. Some perks include:
- Licensing option for up to 12 months
- Portfolio of up to 3 patents for a specific technology from a single laboratory
- Deferment of patent costs for up to 2 years.
- Optional VC mentoring
- Showcase opportunity at the ARPA-E Innovation Summit in 2012.
To apply, entrepreneurs will submit a business plan indicating how they plan to use the patents from the DOE National Labs of choice and complete the lab's Option Agreement. *Note Option Agreements do not have term sheets.
Utlimately, DOE aims to double the number of start-ups from DOE National Labs from now until 2021. For the entrepreneurs of OnGreen community, this is a great way to drive your technology to commercialization.
To download the webinar PowerPoint and video, visit www.ongreen.com/webinars.
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