America’s Next Top Energy Innovator

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Secretary Chu announced a new program today, called “America’s Next Top Energy Innovator,” to reduce the cost and paperwork for start-up companies to purchase the Department’s many thousand unlicensed patents and start bringing more of these new energy technologies to the U.S. marketplace. “Our goal is simple,” said Secretary Chu, “unleash America’s innovation machine and win the global race for the clean energy jobs of the future.”

Starting on Monday, May 2, entrepreneurs will be able to apply for any of these patents by submitting a business plan for how they propose to use them. Best of all, within the scope of this challenge, a portfolio of up to three patents will cost an upfront fee of just $1,000 — a total savings of $10,000 – $50,000.

The top entrepreneurs, who complete the process and demonstrate significant progress toward executing their business plan and commercializing the technology, will appear in a showcase at the 3rd Annual ARPA-E Energy Innovation Summit showcase in 2012 — the premier annual gathering of clean energy investors and innovators around the country.

Some examples of the technology available for licensing includes:

* A system for converting solar energy to chemical energy and, subsequently, to thermal energy.

* The Grid Friendly Appliance controller that senses grid conditions by monitoring system frequency and provides automatic demand response in times of disruption.

* High-performance semiconductor materials that have a broad range of potential applications, including high efficiency solar cells, solid-state lighting, and high-speed transistors.

If you’re an interested entrepreneur, you can browse the available technologies and learn more about the streamlined licensing process on the Department’s Energy Innovation Portal.

Good luck and we hope to see your applications in May.

Article by Ginny Simmons, New Media Specialist and contractor for the Office of Public Affairs.

About Author

Walter’s contributions to CleanTechies over the past 4 years have been instrumental in growing the publications social media channels via his ongoing editorial and data driven strategies. He is the founder and managing director of Sunflower Tax, a renewable energy tax and finance consultancy based in San Diego, California. Active in the San Diego clean technology community, participating in events sponsored by CleanTech San Diego, EcoTopics, and Cleantech Open San Diego, Walter has also been a presenter at numerous California Center for Sustainability (CCSE) programs. He currently serves as an adjunct professor at the University of San Diego School of Law where he teaches a course on energy taxation and policy.

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