Argonne National Laboratory is launching the first technology incubator for clean energy projects.
The Chain Reaction Innovations (CRI) program for scientists and energy entrepreneurs will open up its application process later this summer. Through the program, announced Tuesday, participants can work with Argonne's researchers, engineers and equipment.
"Clean energy is this generation's defining opportunity," said Dr. David Danielson, assistant secretary for the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy, which helped launch CRI. "It has the potential to improve the lives of billions of people worldwide and forever change the way we live.
"But our most promising innovators face significant challenges in getting the resources and support they need to create cutting-edge clean energy startups, especially when it comes to developing physical science based technologies," he continued. "They increasingly are choosing to create software startups or direct their talents elsewhere. If we don't rally behind them as a nation, I fear we risk a 'lost generation' of early-stage clean energy technology entrepreneurs. With this initiative, we are giving our best and brightest the support needed to tackle our nation's greatest energy challenges and change the world."