The U.S. Department of Energy’s Office of Technology Transition (OTT) selects Texas Innovates, a nonprofit organization focused on hydrogen and carbon innovation and expansion in the Houston and Gulf Coast region, as one of 23 Phase 1 recipients of its energy program Did. Innovation Cluster (EPIC) Round 3 Competition. Notably, Texas Innovates is the only Texas company to advance to Phase 2 of the competition.
“We have been working toward this day since we recognized the need for energy hardware incubation in 2017. “Hardware incubation,” said Alex Rosenfeld, president of Texas Innovates. “We now move on to the hard work of implementing our ambitious plans and working together to make them successful.”
The winning proposal, titled “Carbon and Hydrogen Innovation and Learning Incubator” (CHILI), will support local and It leverages the academic resources of its partners. The vision is to build a comprehensive regional hydrogen startup ecosystem, including the DOE HyVelocity hydrogen hub and other large-scale initiatives.
As part of Houston’s hydrogen ecosystem, CHILI provides startups with incubation, access to partner labs, and scale-up support for hydrogen, CCUS, and related industrial technologies. It also helps startups overcome technical, regulatory and commercial barriers.
Texas Innovates’ board members include Mr. Rosenfeld, managing director and founder of Climate Impact Capital LLC, Mr. Ramanan Krishnamoorthi, vice provost for energy and innovation at the University of California, and Mr. These include Sergio Kapusta, former chief researcher at the company.
EPIC Phase 1 winners will each receive $150,000 to support energy startups and entrepreneurs across the country. In Phase 2, which will last seven months, each organization will have the opportunity to implement a program and negotiate a three-year cooperation agreement with OTT worth up to $1 million each. It also includes two national pitch competitions.
“Incubators and accelerators are uniquely positioned to offer startups things they can’t get anywhere else, including mentorship, technology validation, and other critical business development support,” said DOE Chief Commercialization Officer and OTT Director. said Vanessa Z. Chan. “The EPIC program allows us to provide consistent funding to organizations that are developing strong programs, resources and support for innovative energy startups and entrepreneurs.”
The EPIC program aims to foster the energy innovation ecosystem, improve regional business productivity, and improve the commercial success of energy startups. For more information on the program, contest, and other winners, please see the DOE press release.
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