Oscilla Power Wins New DOE Award


Oscilla Power Wins New DOE Award

Today, the Energy Department announced 43 small businesses will participate in the second round of the Small Business Vouchers (SBV) pilot. With vouchers in hand, these businesses can better leverage the world-class capabilities of the department’s national laboratories and bring their next-generation clean energy technologies to the marketplace faster.

“We need to accelerate the pace of clean energy innovation to build stronger economy and a brighter, cleaner future for our nation” said David Friedman, Acting Assistant Secretary for the Office of Energy Efficiency and Renewable Energy (EERE). “The Small Business Vouchers pilot breaks down barriers for some of our greatest entrepreneurial minds, allowing them to work with our national laboratories across sectors and industries to accelerate a clean energy revolution that’s been underway since 2008.”

The Department opened the first round of SBV, a Technology-to-Market Lab Impact pilot, in fall 2015. In SBV’s first round, 33 small businesses were selected to receive vouchers totaling $6.7 million. Today’s 43 awards total more than $8 million. To date, the Department’s SBV pilot has connected 76 small businesses with the labs, totaling $15 million worth of vouchers.

A full list of the SBV projects may be viewed on www.SBV.org.