Monday, February 06, 2012

DOE launches new round of America's top energy innovator

Monday, February 06, 2012

DOE announced that February 1 launch of the second year for his "America's next top energy innovator," a program, the startup company to license groundbreaking technologies developed, providing by the DOE national laboratories. In the initiative entrepreneur can use numbers $1,000 for a technology and it, to build a business. As part of the project, DOE reduces the cost and the paperwork requirements for start-up companies Agreement option, some of the 15,000 patents and patent applications, by national laboratories license held to get. In the first round, option 36 companies signed agreements with the national laboratories.

In the new round must entrepreneurs and startups identify the technology of interest and send a business plan for the program be taken into account. The participants have to send their plans to a laboratory until 10th December 2012. The Department will from 1 February until December 10 in advance reduce the overall cost of licensing DOE patents in a particular technology for portfolios of up to three patents owned by a single laboratory. This means an average savings of $10,000 to $50,000 fees in advance. Other terms, such as equity and royalty, will be negotiated on a case by case basis and usually once the company is growing and commercial turnover. See the DOE press release.

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