Entrepreneurs often play a critical role in the evolution of NETL technologies, shepherding emerging innovations from the laboratory to the marketplace. Entrepreneurs invest in technology transfer initiatives that stimulate the economy, expedite access to the Lab’s energy technology solutions and expand their reach for maximum benefit.
As the U.S. celebrates National Entrepreneurship Week, NETL recognizes the many valued entrepreneurs who contribute to the Lab’s success by accelerating innovation. Their sometimes-risky work advances society by sharing new ideas, tools and products with the potential to change the world. Recognizing the challenges of commercialization, the U.S. government empowered entrepreneurs with the 1980 enactment of the Bayh-Dole Act, which simplified technology transfer by allowing small businesses and others to license inventions created with federal funds.
Today, NETL’s Technology Transfer Program seeks entrepreneurial partners to bring Lab technologies to market by a variety of means — including patent licensing opportunities, cooperative research and development agreements, memorandums of understanding and more. In addition, NETL shares and promotes its available technologies for enterprising investors to consider. Among the Lab’s entrepreneurial successes:
To learn more about successful commercialization efforts involving NETL technologies, click here. If you’re interested in the Lab’s Technology Transfer Program opportunities, please email TechTransfer@netl.doe.gov.