- Department of Energy Announces $120 Million to Support Development of Innovative Manufacturing Processes
- August 1, 2011 | Author: Steven M. Sherman
- Law Firm: Krieg DeVault LLP - Carmel Office
President Obama this month launched the Advanced Manufacturing Partnership, including an investment of up to $120 million from the Department of Energy over three years to develop transformational manufacturing technologies and innovative materials that could enable industrial facilities to dramatically increase their energy efficiency. The Advanced Manufacturing Partnership is a national effort bringing together industry, universities and the federal government to invest in emerging technologies that will create high quality manufacturing jobs and enhance our global competitiveness. This clean energy investment in new energy-efficient manufacturing processes and novel materials will help U.S. manufacturers save money by reducing the energy needed to power their facilities.
"These investments will support the innovations that American manufacturers need to stay competitive in the global marketplace," said Secretary Chu. "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 Department is supporting projects that might otherwise take far longer to contribute to U.S. industrial competitiveness. DOE expects to fund 35 to 50 cost-shared projects under the initiative.
Projects associated with innovations in the earlier stages of development, such as applied research projects or those that establish a proof of concept, will be eligible for awards up to $1 million. These projects must be completed within two years. Projects associated with innovations further along in their development, such as laboratory testing or verification of a prototype system, will be eligible for awards up to $9 million. These projects should not exceed three years in duration. Applicants are encouraged to form collaborative teams equipped with both technical and commercial capabilities to enhance the prospects for success. Teams can be comprised of large and small companies, universities and academic institutions, trade organizations, national laboratories, and other research institutions.
Applicants must submit a Letter of Intent by September 1, 2011 in order to be eligible to submit a Full Application by October 5, 2011.