US Energy Secretary Steven Chu announced today the "America's Next Top Energy Innovator" challenge. This challenge is part of the Startup America Initiative and looks to give start-up companies the opportunity to license groundbreaking technologies developed by the National Laboratories for $1,000, and reduces the amount of paperwork required. This $1000 fee represents a savings of $10,000 to $50,000 for upfront fees. One of the goals of this challenge is to double the number of start ups coming from the National Labs.
The focus in this challenge on currently available innovations is very strong for renewable energy. Innovations available for licensing are as follows: