DOE Announces $120 Million to Support Innovative Manufacturing
“These investments will support the innovations that American manufacturers need to stay competitive in the global marketplace,” said Steven Chu, DOE secretary. “These breakthrough manufacturing processes, technologies, and materials will help American companies to reduce energy waste and lower costs.”
The selected projects will emphasize new processes and materials that are revolutionary in their design or impact and that are capable of being commercialized within the next five to seven years. By boosting investment in near-term technology development, the DOE is supporting projects that might otherwise take far longer to contribute to U.S. industrial competitiveness. The DOE expects to fund 35-50 cost-shared projects under the initiative.
Applicants must submit a Letter of Intent by September 1 in order to be eligible to submit a full application by October 5.
For more information, visit https://eere-exchange.energy.gov.