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A bureau within the U.S. Department of Commerce
Funding Opportunities Background

Office of Innovation and
Entrepreneurship (OIE)

Research Foundation For The State University Of New York

Location

Stony Brook, NY

Project Name

Mentorship as a Driver of Entrepreneurship, Venture Creation, and SBIR/STTR Success in the Long Island, NY Region

Program

i6

Award Amount

$500,000.00

Clean energy innovation is a catalyst to achieving domestic energy security, the rational use of low‐carbon forms of energy, and mitigating climate change, with an overall goal of creating a strong, low-carbon economy. The invention-to-innovation pathway is a complex system, and incubation and acceleration processes are widely recognized as important components to successfully bring innovations to the market place. Some of the greatest challenges along this pathway are gaining market penetration of clean energy innovations and accelerating economic development through successful business development. A solution is the creation of a regionally-relevant, comprehensive clean energy ecosystem that can accelerate the commercialization of clean energy innovation and maximize economic impacts. A successful ecosystem involves strong partnerships and this project will be developed and implemented in collaboration with the University of Maryland, Rutgers, the State University of New Jersey, business service and training providers and universities in the region.

The Mid-Atlantic region has a number of assets in clean energy, including a diversity of businesses, government incentives to build markets, business assistance programs, a skilled workforce, universities conducting research in clean energy, and others. These assets are all strengths of the regional clean energy cluster. In addition, the Mid-Atlantic region’s significant industrial work force, from highly trained engineers to technicians, can be quickly retrained and employed in the clean energy sector.

The Rutgers EcoIgnite program will harness a network of new and existing resources to assist clean energy technology companies to successfully maneuver the innovation pathway that includes discovery, concept assessment, business model assessment, technology verification, scale-up and commercialization. It will promote interdisciplinary research that provides solutions, reduces business and technological barriers, and bridges the gaps between policy makers and researchers, researchers and end‐users, and industry and universities. The ultimate goal is to provide a solid network for regionally-relevant clean energy industry growth and to maximize economic development impacts. EcoIgnite will target renewable energy (sustainable biomass, wind, solar, and waste-based energy) and energy efficiency sectors.