Department of Energy Announces $10 Million for Small Businesses Working on New Energy Technology
Updated: Mar 7, 2022
The U.S. Department of Energy (DOE) announced up to $10 million in funding to support small businesses working on energy technology that has the potential for large-scale impact, and could significantly reduce U.S. energy consumption. The funding is part of the Advanced Research Projects Agency-Energy (ARPA-E) Exploratory Topic – Supporting Entrepreneurial Energy Discoveries (SEED). Successful SEED projects should create new paradigms in energy technology and have the potential to achieve significant reductions in U.S. energy consumption, energy-related imports, or energy-related emissions. SEED awards will support research projects that establish potential new areas for technology development and provide ARPA-E with information that could lead to new ARPA-E focused funding programs. This will be the third round of funding ARPA-E has announced under the SEED Exploratory Topic. Awards may support exploratory research to establish viability, proof-of-concept demonstration for new energy technology, and/or modeling and simulation efforts to guide development for new energy technologies.