Unleash Innovation in Water Power! Up to $4.8 Million in DOE Funding Available
The U.S. Department of Energy (DOE) is on a mission to propel advancements in water power technology. Through the Water Power Innovation Network grant program, they’re offering $4.8 million to support the growth of innovative water power businesses.
What is the Water Power Innovation Network?
This program focuses on establishing or expanding incubator and accelerator programs. These programs provide crucial support for entrepreneurs and small businesses in the water power industry, including:
- Marine energy: Technologies that harness energy from waves, tides, and ocean currents.
- Hydropower: Generating electricity from the power of moving water.
- Pumped storage: Storing energy by pumping water uphill and releasing it when needed to generate electricity.
How can your organization benefit?
If you’re a business incubator or accelerator that supports water power innovation, this grant opportunity could be perfect for you! Funding can be used to:
- Develop and deliver programs that help entrepreneurs launch and grow their water power businesses.
- Provide mentorship and guidance to water power startups.
- Connect entrepreneurs with resources such as funding, investors, and manufacturing partners.
- Foster collaboration between different water power innovators across the country.
Who can apply?
Any type of organization can apply, including non-profits, universities, and private companies.
Key Details:
- Funding Available: $4.8 million total, with individual awards ranging from $100,000 to $1 million.
- Application Deadline: September 18, 2024
- Learn More and Apply: Visit the EERE Funding Opportunity Exchange Website: (EERE Funding Opportunity Exchange)
Don’t miss this chance to play a pivotal role in advancing the future of water power!
Supercharge the Future of Water Power: Up to $4.8 Million in DOE Funding Available!
Calling all Innovation Hubs! The U.S. Department of Energy (DOE) is seeking dynamic organizations to propel the next wave of water power technologies through their Water Power Innovation Network grant program. This initiative boasts a substantial $4.8 million funding pool to empower the growth of groundbreaking water power businesses across the nation.
What is the Water Power Innovation Network?
This program centers on the establishment or expansion of business incubators and accelerators. These crucial support systems provide the resources and guidance needed for entrepreneurs and small businesses to thrive in the water power industry, focusing on three key areas:
- Marine Energy: Harnessing the immense power of waves, tides, and ocean currents to generate clean electricity.
- Hydropower: Transforming the energy of moving water into reliable electricity production.
- Pumped Storage: Utilizing innovative methods to store excess energy by pumping water uphill and releasing it to generate electricity when needed.
How can your organization make a splash?
Are you a business incubator or accelerator passionate about fostering water power innovation? This grant opportunity could be your chance to make a real difference! Funding can be used to:
- Craft and deliver comprehensive programs: Develop specialized programs that equip entrepreneurs with the tools and knowledge to launch and scale their water power ventures.
- Offer invaluable mentorship: Provide expert guidance and support to water power startups, helping them navigate the challenges and opportunities of the industry.
- Connect with crucial resources: Become a bridge between water power entrepreneurs and the resources they need to succeed, including funding, investors, and manufacturing partners.
- Spark collaboration and innovation: Foster a vibrant network of water power innovators across the country, accelerating knowledge sharing and collaborative problem-solving.
Who is eligible to apply?
The program welcomes applications from a diverse range of organizations, including:
- Non-profit organizations dedicated to clean energy innovation.
- Universities with established business incubator or accelerator programs.
- Private companies with a proven track record of supporting water power startups.
Important Details:
- Total Funding Available: $4.8 million, with individual awards ranging from $100,000 to $1 million.
- Application Deadline: Don’t miss out! Applications are due by September 18, 2024.
- Take Action Today: Visit the EERE Funding Opportunity Exchange Website (link to EERE website) to access the full program details and application process.
Become a driving force in the future of clean energy! Apply for the Water Power Innovation Network grant and help propel the next generation of water power technologies to market.