Opportunity Title:
Energy Program for Innovation Clusters (EPIC) Prize Round 3
Funder/Agency:
U.S. Department of Energy Office of Technology Transitions (OTT)
Description:
Sponsored by the U.S. Department of Energy Office of Technology Transitions (OTT), EPIC Round 3 is designed to provide stable funding to incubators developing new programs to support energy entrepreneurs and start-ups. EPIC Round 3 awards $4 million in cash prizes and cooperative agreements to competitors with the most creative, high-impact plans to develop strong programming and connections for startups and entrepreneurs with promising energy technologies.
EPIC Round 3 is composed of three phases to support energy incubators and accelerators:
Phase 1: Competitors will create a plan to support energy startups and entrepreneurs and define their metrics for success. Up to 20 competitors will win $150,000 each.
Phase 2: Phase 1 finalists will begin to implement their novel programming and create a continuation plan worthy of selection for a cooperative agreement. Select Phase 2 winners will then be invited to negotiate a cooperative agreement with OTT worth up to $1 million.
Phase 3: Winning teams will negotiate their three-year cooperative agreement with OTT.
Eligibility:
This funding program is open to private entities (for-profits and nonprofits) and academic institutions that meet all eligibility requirements:
Private entities must be incorporated in and maintain a primary place of business in the United States.
Programming proposed by incubators must have an emphasis on supporting startups with a hard-tech focus.
While National Laboratories are not eligible to compete, they may support teams in the competition if they are engaging the teams in compliance with lab partnership requirements.
Award Details:
Total Amount Available:
$4,000,000
Deadline:
February 9, 2024
Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.