Small Business Administration Announces a Startup America Entrepreneurial Mentor Corps
The Small Business Administration (SBA) announced a new pilot program that will to support more than 1,000 startup and earlystage firms across the country. The goal of the Entrepreneurial Mentor Corps' (EMC) is to mobilize members of the current generation of successful business owners to mentor and support startups and entrepreneurs to help them become the next generation of great American companies. In February, SBA Administrator Karen Mills announced one of the EMC's first initiatives to match approximately 100 clean energy startups with mentors.
Incubator Round Up
Recent announcements of new and emerging technology incubators range from Google's selection of Cape Town, South Africa to launch a pilot incubator supporting technology entrepreneurs that it hopes to replicate globally to Alabama Gov. Robert Bentley's plan to create a statewide business incubator focusing on workforce training. Select announcements from across the globe are highlighted below.
DOE Pledges $170 Million to Advance Solar Photovoltaic (PV) Technologies
Steven Chu, the Secretary of Energy, announced nearly $170 million in available funding over the next three years to support the advancement of Solar Photovoltaic (PV) technologies in four areas:
USDA and DOE Announce Partnerships to Support Biomass R&D
The Department of Agriculture (USDA) and the Department of Energy (DOE) announced the Biomass Research and Development Initiative (BRDI) — a $30 million initiative to support up to 10 research and development (R&D) projects focused on advanced biofuels, bioenergy and high-value biobased products. Projects should propose integrated science and engineering research in three technical areas of interest:
DOE Offers $25M for U.S.-India Energy R&D Center
The U.S. Department of Energy (DOE) announced that it will commit $25 million over the next five years to support the U.S.-India Joint Clean Energy Research and Development Center, as part of the Partnership to Advance Clean Energy. DOE will provide matching grants to universities, national labs, private companies and others to support research in energy efficiency, second-generation biofuels and solar energy. The $50 million contributed by DOE and award grantees will be matched by an additional $50 million in public and private funds from India.
‘Greenprint’ Report Highlights Community Colleges’ Role in Clean Economy Workforce Development
While considerable attention has been paid to the growing role of cleantech jobs in the American economy, there has been less of a focus on the skills it takes to pursue these careers.
17 Governors Sign Accord to Promote Clean Energy, Economic Prosperity
A bipartisan group of 17 governors signed the Governors’ Accord for a New Energy Future – a joint commitment to support the deployment of renewable, cleaner and more efficient energy technologies and other solutions to make the U.S. economy more productive and resilient as well as spur job creation in member states.
DOE seeking manufacturing productivity proposals, feedback on barriers to funding
The U.S. Department of Energy is seeking public feedback on the current barriers and actions needed to make its funding opportunities and innovation and entrepreneurship activities more inclusive, just and equitable, and, in a separate effort, it is seeking input on improving productivity and efficiency of the manufacturing sector through a $4.8 million request for proposals.
DOE Announces Intent to Fund New NNMI, Clean Tech Manufacturing Pilot Program
The Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) released a notice of intent to establish and sustain a Clean Energy
Manufacturing Innovation Institute for Reducing Embodied-Energy and Decreasing Emissions (REMADE) in materials manufacturing. The $70 million funding opportunity
will be released in June to enable the development and widespread deployment of key industrial platform technologies that will dramatically reduce life-cycle
Tech Talkin’ Govs: Part IV
The fourth installment of SSTI’s Tech Talkin’ Govs series includes excerpts from speeches delivered in Illinois, Massachusetts and Utah.
New York Launches $1B Green Bank; Other States Seeking Best Practices
A proposal first announced during Gov. Andrew Cuomo’s 2013 State of the State address came to fruition earlier this month with a request for proposals (RFP) to fund clean energy projects through New York’s newly established green bank. A green bank is a state-sponsored nonprofit lender that provides long-term, low-cost financing support. Its purpose is to increase public-private investing in clean energy while offering consumers lower-cost energy solutions, according to the Green Bank Academy. Connecticut was the first state to establish a green bank in 2011, but several other states have demonstrated interest. Participants from at least 11 other states wanting to establish their own green banks recently attended the first Green Bank Academy in Washington, D.C.
DOE Awards $3.2M to Launch National Clean Energy Incubator Network
The Department of Energy (DOE) has announced the launch of the National Incubator Initiative for Clean Energy (NIICE). NIICE will serve a national support network for the nation’s clean energy startup community and the incubators that support them. The network will provide technical assistance and training services to help clean energy startups move their products closer to market readiness.
Public, Private Sector Entities Announce Initiatives to Connect Globally
As the world becomes more globally connected, both public and private entities have turned their attention to foreign markets in the hopes of spurring innovation, capital creation, and economic prosperity. Whether their effort is developing international business partnerships, attempting to attract foreign direct investment (FDI), investing in startups, or taking advantage of international demand, the entities establishing these initiatives view long-term economic success for both firms and regions as dependent upon entering the global market place.
Washington Gov Prioritizes Five Sectors in $120M Economic Growth Plan
Gov. Jay Inslee's vision for creating a more prosperous state economy through investments in key industry sectors came full circle with the announcement of his Working Washington Agenda, which prioritizes a similar set of proposals touted last year during his run for governor. The plan includes legislation, government reforms and new state investments totaling nearly $120 million focused around five areas.
Federal Investment in Clean Energy Underutilized and Declining
Several reports, assessments, and plans have been released related to energy development — particularly clean energy. On March 15, both President Obama's Blueprint for a Clean and Secure Energy Future and the Government Accountability Office's review of the Department of Energy's loan programs were released. In addition, the Information Technology and Innovation Foundation published their report on recent trends in federal investment in clean energy, specifically from the American Recovery and Reinvestment Act of 2009.
White House Targets Clean Energy Manufacturing to Boost U.S. Competitiveness
Last week the Obama administration launched a new Clean Energy Manufacturing Initiative housed within the Department of Energy. The initiative will use public-private partnerships to drive an open-source, "smart" manufacturing network that will help U.S. clean energy manufacturing firms reduce costs, increase competitiveness, and boost productivity.
WA Gov Proposes Plan for Business Climate, STEM Education
Gov. Inslee of Washington released his budget request for the 2013-2015 biennium in his Working Washington plan. Among the priorities are STEM educational investments and clean energy research and development. Overall, the Governor's proposed budget totals more than $34.4 billion, and would result in nearly $532 million in reserves, without proposing new taxes.
GAO Highlights Need for Coordination of Federal Energy, Entrepreneurship Initiatives
Ahead of the president' FY 2014 budget proposal release date (April 10, 2013) and amid federal sequestration, the U.S. Government Accountability Office (GAO) released two reports that contend duplication, fragmentation and a lack of cooperation between federal agencies may plague federal support for wind energy deployment and entrepreneurial assistance. To address these issues, the GAO reports recommend enhanced collaboration between agencies and consolidation of funding programs.
U.S. Navy Invests $30M in HI Cleantech Accelerator
The U.S. Department of Defense Office of Naval Research has announced a $30 million investment in Energy Excelerator, an accelerator for cleantech companies within the Pacific International Center for High Technology Research (PICHTR). Energy Excelerator originally launched three years ago with $10 million in seed funding from the Department of Energy.
Federal Agencies Release Information on Manufacturing Institutes, Manufacturing Partnership
Last week, the Obama administration announced that it would commit $200 million to establish three new manufacturing innovation institutions in 2013 (see the May 8, 2013 issue of the digest).
Puerto Rico Gov Joins List of Govs Using Executive Orders to Boost Renewable Energy
Puerto Rico Gov. Alejandro Garcia Padilla recently issued three executive orders aimed at advancing the island's renewable energy industry. The orders will grant priority approvals to renewable energy projects and introduce two new councils that will coordinate energy initiatives. Gov. Garcia Padilla joins a growing list of governors who have used executive orders to quickly implement energy policies without going to the legislature.
GAO Report Reveals Lingering Challenges, Opportunities for Green Jobs Initiatives
Green jobs have been at the center of a number of controversies in economic development circles over the past decade. Key among these debates is whether or not sufficient job opportunities exist to justify large public investments in green job-training programs. A recent report from the Government Accountability Office (GAO) reveals that, at least at the federal level, a great deal of uncertainty remains about the green job labor market.
Venture Capital Investment Increases, Internet Companies Benefit
In the second quarter (Q2) of 2013, venture investment totaled $6.7 billion over 913 deals, according to the quarterly survey by PricewaterhouseCoopers (PWC) and the National Venture Capital Association (NVCA). Compared to the first quarter of 2013, the amount of venture capital investment increased 12 percent and the number of deals increased 2 percent. Although still well below venture capital investment highs in 2007, Q2 2013 had the largest total amount of investment in a year.
DOE Announces Third Round Small Business Voucher Pilot Program
The Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) has launched the third round of the Small Business Vouchers (SBVs) pilot program.
States Shifting to Clean Energy See Progress
An increase in electricity generation from renewable energy sources and policies driving a shift to clean energy are revealed in a new report from the Georgetown Climate Center that highlights 19 states’ progress toward a cleaner and more efficient electricity system. Progress includes a 40 percent increase in wind energy capacity nationally, and a 577 percent increase in solar capacity growth between 2011 and 2014.