Opportunity Title:
Energy Program for Innovation Clusters (EPIC) Phase II
Description:
The Energy Program for Innovation Clusters (EPIC) Prize recognizes the nation's most innovative incubators. Sponsored by the U.S. Department of Energy Office of Technology Transitions (OTT), the EPIC Prize awards cash prizes to regional incubator teams that submit the most creative and impactful plans, then implement those plans to develop strong clusters, connections, and support for energy startups and entrepreneurs.
Technology startups often require more than just capital to launch, grow, and scale innovations. Incubators provide entrepreneurs mentorship, technology validation, business development, connections to manufacturers, and more to strengthen America's clean energy future. The prize seeks to address a capital gap in supporting these critical organizations by providing funds to be applied where incubators need them most. Providing capital to enable creative, forward-thinking organizations is critical to allow these groups to think more expansively about the role of incubators in the broader regional innovation and entrepreneurial ecosystem.
Eligibility:
The competition is open to private organizations (for-profits and nonprofits), nonfederal government entities (such as states, counties, tribes, and municipalities), academic institutions, and individuals that meet all eligibility requirements.
Award Details:
OTT has also partnered with three other program offices to date to provide Bonus Prizes. In addition to the $4 million in Core Incubator Prize funding, $50,000 Bonus Prizes will be available for incubators supporting water power and/or the blue economy, buildings technologies, and solar technologies.
The Move It! and Prove It! phases will include a pitch competition in which incubators can nominate energy startups for a chance to win up to $50,000.
Application Deadline:
Design It!
Submission opens: August 2, 2022
Submission deadline: October 25, 2022
Move It!
Submission opens: November 2022 (anticipated)
Submission deadline: March 2023 (anticipated)
Prove It!
Submission opens: March 2023 (anticipated)
Submission deadline: August 2023 (anticipated)
Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.