Tech transfer office opens, one in at DOE and one out at DHS
Energy unveils tech transfer office
The Energy Department launched a new Office of Technology Transitions on Feb. 11 to expand the commercial reach of its national laboratories and sponsored university research efforts.
DOE spends more than $10 billion on research and development each year, primarily at universities and federal laboratories, and officials have been seeking more opportunities to commercialize technology developed in those labs.
The new office will coordinate commercial development of research projects and be responsible for the statutorily created Energy Technology Commercialization Fund, a nearly $20 million reserve that will use R&D funding for applied energy programs to pursue commercialization activities.