DEPARTMENT OF ENERGY SMALL BUSINESS AND CLEAN ENERGY ALLIANCE PARTNERSHIP
The Clean Energy Alliance (CEA) and the Department of Energy (DOE) have formed the Department of Energy Small Business and Clean Energy Alliance Partnership, supported by an American Resource and Recovery Act grant of $1.2 million. Recently expanded in scope the DOE-CEA Partnership through CEA’s national network of leading clean energy business incubators offers small cleantech firms a complete range of mentoring and commercialization services to support the commercialization of clean energy technologies. The services include technical support, business planning, finance and banking, legal and accounting, marketing and communications, outreach, networking and access to capital.
Companies desiring to participate in the DOE/CEA Partnership can benefit from the expertise and capabilities of any CEA member. Careful consideration is given to the company’s technology platform, technology readiness level, market readiness level, commercial status and needs, and geography. The cost of the support services provided by the CEA member incubator to the company is borne entirely by the DOE/CEA Partnership.
To date, on a completely voluntary basis, approximately twenty-five companies have been matched with fourteen CEA member incubators, and many have begun to receive significant benefits from these relationships. There is still budget and schedule headroom to increase the number of company participants before the program ends at the end of 2012.
After one year of the incubation/mentoring relationship, the results will be evaluated for evidence of the small business having made progress toward commercialization. A wrap-up conference in late 2012 will present the findings and offer qualifying companies the opportunity to make presentations to panels of interested investors.
For more information, contact Jim Groelinger, CEA’s Executive Director, at email@example.com Charles Russomanno, SBIR Portfolio Manager, U.S. Department of Energy at firstname.lastname@example.org.