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NREL Forms Alliance to Encourage Clean Energy Entrepreneurship
The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) has selected six more incubators to join the National Alliance of Clean Energy Business Incubators, formed by NREL in April 2000. Alliance member incubators will focus on accelerating the growth and development of U.S. technology-based start-up companies working on a broad range of clean energy technologies, including solar, wind, biomass, geothermal, microturbine, fuel cell, power quality, energy efficiency, alternative fuels and infrastructure, and information technologies.
The Alliance teams NREL with the seven business incubators and a network of venture capitalists and energy industry leaders to provide business and financial services to clean energy entrepreneurs. Each selected incubator received a $1 million grant from NREL to support incubator operations.
Participating incubators include:
- Texas-based Austin Technology Incubator;
- New York's Rensselaer Polytechnic Institute Incubator;
- the State University of New York at Albany, Institute for Materials;
- the Environmental Business Cluster in California;
- the Florida/NASA Business Incubation Center at Brevard Community College;
- the Boston Technology Venture Center in Massachusetts; and
- the Advanced Technology Development Center at Georgia Tech.
More information on the Network is available at: http://www.nrel.gov/technologytransfer/entrepreneurs/inc.html