Two New U.S. Department of Energy Technology Transfer Prizes
Lab MATCH
The U.S. DOE’s Office of Technology Transitions is launching the American-Made ‘Making Advanced Technology Commercialization Harmonized’ (MATCH) Prize. This prize aims to accelerate national laboratory intellectual property licensing and commercialization.
The goal of the prize is to connect national lab IP to a diverse cohort of innovators and entrepreneurs who have the commitment and business acumen to develop long-term commercialization plans and make significant progress toward licensing and commercializing the technology solutions. The Lab MATCH Prize offers a total prize pool of $620,000 in cash across three phases.
EnergyTech University Prize
In the American-Made EnergyTech University Prize (EnergyTech UP), student teams compete for cash prizes for successfully identifying a promising energy technology, assessing its market potential, and creating a business plan for commercialization.
Starting in 2024, EnergyTech UP offers the ability for both students and faculty to compete in their own respective tracks.
Students: Develop and present a business plan that leverages National Laboratory-developed or other emerging energy technologies developed by students, faculty, or industry. Throughout the competition, they receive mentorship and materials to help them succeed, all while competing for part of $400,000+ in cash prizes.
Faculty: Develop and implement educational activities to engage more students in energy technology commercialization and entrepreneurship topics at their institution. While faculty have always been, and remain, welcome and encouraged to mentor a team competing in EnergyTech UP, this new track is designed to incentivize and support faculty directly, with $100,000 in cash prizes available.