Innovation Crossroads: Difference between revisions
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{{ | {{<span class="error">Expansion depth limit exceeded</span>|ProgramName=Innovation Crossroads | ||
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|ProgramType=Program | |ProgramType=Program | ||
|OrgSponsor=Office of Energy Efficiency and Renewable Energy | |OrgSponsor=Office of Energy Efficiency and Renewable Energy | ||
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The '''Innovation Crossroads''' program, launched in May 2017 by the Department of Energy’s [[Office of Energy Efficiency and Renewable Energy]] (EERE), embeds innovators at [[Oak Ridge National Laboratory]] (ORNL) as part of the [[Lab-Embedded Entrepreneurship Program]] (LEEP), supporting over 50 fellows across eight cohorts by 2025 who have raised more than $450 million in follow-on funding. | The '''Innovation Crossroads''' program, launched in May 2017 by the Department of Energy’s [[Office of Energy Efficiency and Renewable Energy]] (EERE), embeds innovators at [[Oak Ridge National Laboratory]] (ORNL) as part of the [[Lab-Embedded Entrepreneurship Program]] (LEEP), supporting over 50 fellows across eight cohorts by 2025 who have raised more than $450 million in follow-on funding. | ||
With initial backing from EERE’s Advanced Manufacturing Office (AMO) and the [[Tennessee Valley Authority]] (TVA), CRI has nurtured startups like SkyNano Technologies, leveraging ORNL’s facilities such as the [[Manufacturing Demonstration Facility]] and [[Spallation Neutron Source]].< | With initial backing from EERE’s Advanced Manufacturing Office (AMO) and the [[Tennessee Valley Authority]] (TVA), CRI has nurtured startups like SkyNano Technologies, leveraging ORNL’s facilities such as the [[Manufacturing Demonstration Facility]] and [[Spallation Neutron Source]].<span class="error">Expansion depth limit exceeded</span> | ||
Cohort 8 began in June 2024, and with applications for Cohort 9 open as of February 2025, it continues to drive DOE’s clean energy innovation agenda. | Cohort 8 began in June 2024, and with applications for Cohort 9 open as of February 2025, it continues to drive DOE’s clean energy innovation agenda. | ||
{{ | {{<span class="error">Expansion depth limit exceeded</span>|url=https://innovationcrossroads.ornl.gov}} | ||
==Goals== | ==Goals== | ||
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* De-risk early-stage energy and manufacturing technologies for market entry within two years. | * De-risk early-stage energy and manufacturing technologies for market entry within two years. | ||
* Train innovators in entrepreneurship to launch impactful startups. | * Train innovators in entrepreneurship to launch impactful startups. | ||
* Enhance U.S. clean energy competitiveness with significant private investment.< | * Enhance U.S. clean energy competitiveness with significant private investment.<span class="error">Expansion depth limit exceeded</span> | ||
==Organization== | ==Organization== | ||
Innovation Crossroads is sponsored by EERE’s AMMTO, hosted at ORNL, and directed by a Program Manager, integrating mentorship from ORNL’s 7,000+ scientists and engineers and partnerships with the University of Tennessee and TVA. Funding from AMMTO and TVA supports fellowships, lab access, and business training.< | Innovation Crossroads is sponsored by EERE’s AMMTO, hosted at ORNL, and directed by a Program Manager, integrating mentorship from ORNL’s 7,000+ scientists and engineers and partnerships with the University of Tennessee and TVA. Funding from AMMTO and TVA supports fellowships, lab access, and business training.<span class="error">Expansion depth limit exceeded</span> | ||
==Partners== | ==Partners== | ||
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==History== | ==History== | ||
Initiated in May 2017 with $2.5 million from DOE and TVA, Innovation Crossroads expanded LEEP from Cyclotron Road and Chain Reaction Innovations, welcoming its first cohort of five fellows after a 2016 announcement.< | Initiated in May 2017 with $2.5 million from DOE and TVA, Innovation Crossroads expanded LEEP from Cyclotron Road and Chain Reaction Innovations, welcoming its first cohort of five fellows after a 2016 announcement.<span class="error">Expansion depth limit exceeded</span> Milestones include Cohort 3’s 2019 expansion, Cohort 7’s 2023 impact ($450M+ funding), and Cohort 8’s June 2024 start, with Cohort 9 applications open as of February 2025, reinforcing its role in clean energy entrepreneurship. | ||
==Funding== | ==Funding== | ||
Initial funding of $2.5 million in 2017 launched CRI, with over $20 million in DOE support by 2025—e.g., $1.4 million annually for 5-7 fellows—yielding $450 million+ in follow-on funding.< | Initial funding of $2.5 million in 2017 launched CRI, with over $20 million in DOE support by 2025—e.g., $1.4 million annually for 5-7 fellows—yielding $450 million+ in follow-on funding.<span class="error">Expansion depth limit exceeded</span> Ongoing AMMTO and TVA funding provides fellowships ($90,000-$200,000/year per fellow), R&D grants (up to $200,000), and resources, with no end date as it supports DOE’s energy goals. | ||
==Implementation== | ==Implementation== | ||
CRI embeds 5-7 fellows annually at ORNL for two years, offering lab facilities, mentorship, and training, with progress showcased at events like the 2022 LEEP Summit.< | CRI embeds 5-7 fellows annually at ORNL for two years, offering lab facilities, mentorship, and training, with progress showcased at events like the 2022 LEEP Summit.<span class="error">Expansion depth limit exceeded</span> It advances through cohort cycles—e.g., Cohort 9 call opened fall 2024—focusing on innovations like carbon-negative nanotubes, adapting to market needs without a fixed end. | ||
==Related== | ==Related== | ||
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[[Category:Programs and initiatives]] | [[Category:Programs and initiatives]] | ||
[[Category:Department of Energy]] | [[Category:Department of Energy]] | ||
[[Category:Partnerships]] | [[Category:Partnerships]] | ||
Revision as of 00:08, 2 March 2025
{{Expansion depth limit exceeded|ProgramName=Innovation Crossroads |ProgramType=Program |OrgSponsor=Office of Energy Efficiency and Renewable Energy |TopOrganization=Department of Energy |CreationLegislation=None |Purpose=Innovation Crossroads embeds early-stage innovators at Oak Ridge National Laboratory to transform energy and manufacturing technologies into market-ready solutions. It aims to accelerate commercialization, foster entrepreneurship, and address clean energy challenges through a two-year fellowship model. |Website=https://innovationcrossroads.ornl.gov |ProgramStart=2017 |InitialFunding=$2.5 million |Duration=Ongoing |Historic=false }}
The Innovation Crossroads program, launched in May 2017 by the Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE), embeds innovators at Oak Ridge National Laboratory (ORNL) as part of the Lab-Embedded Entrepreneurship Program (LEEP), supporting over 50 fellows across eight cohorts by 2025 who have raised more than $450 million in follow-on funding.
With initial backing from EERE’s Advanced Manufacturing Office (AMO) and the Tennessee Valley Authority (TVA), CRI has nurtured startups like SkyNano Technologies, leveraging ORNL’s facilities such as the Manufacturing Demonstration Facility and Spallation Neutron Source.Expansion depth limit exceeded
Cohort 8 began in June 2024, and with applications for Cohort 9 open as of February 2025, it continues to drive DOE’s clean energy innovation agenda.
{{Expansion depth limit exceeded|url=https://innovationcrossroads.ornl.gov}}
Goals
- De-risk early-stage energy and manufacturing technologies for market entry within two years.
- Train innovators in entrepreneurship to launch impactful startups.
- Enhance U.S. clean energy competitiveness with significant private investment.Expansion depth limit exceeded
Organization
Innovation Crossroads is sponsored by EERE’s AMMTO, hosted at ORNL, and directed by a Program Manager, integrating mentorship from ORNL’s 7,000+ scientists and engineers and partnerships with the University of Tennessee and TVA. Funding from AMMTO and TVA supports fellowships, lab access, and business training.Expansion depth limit exceeded
Partners
- Oak Ridge National Laboratory
- Tennessee Valley Authority
- University of Tennessee
- Lawrence Berkeley National Laboratory
History
Initiated in May 2017 with $2.5 million from DOE and TVA, Innovation Crossroads expanded LEEP from Cyclotron Road and Chain Reaction Innovations, welcoming its first cohort of five fellows after a 2016 announcement.Expansion depth limit exceeded Milestones include Cohort 3’s 2019 expansion, Cohort 7’s 2023 impact ($450M+ funding), and Cohort 8’s June 2024 start, with Cohort 9 applications open as of February 2025, reinforcing its role in clean energy entrepreneurship.
Funding
Initial funding of $2.5 million in 2017 launched CRI, with over $20 million in DOE support by 2025—e.g., $1.4 million annually for 5-7 fellows—yielding $450 million+ in follow-on funding.Expansion depth limit exceeded Ongoing AMMTO and TVA funding provides fellowships ($90,000-$200,000/year per fellow), R&D grants (up to $200,000), and resources, with no end date as it supports DOE’s energy goals.
Implementation
CRI embeds 5-7 fellows annually at ORNL for two years, offering lab facilities, mentorship, and training, with progress showcased at events like the 2022 LEEP Summit.Expansion depth limit exceeded It advances through cohort cycles—e.g., Cohort 9 call opened fall 2024—focusing on innovations like carbon-negative nanotubes, adapting to market needs without a fixed end.
Related
External links
- https://innovationcrossroads.ornl.gov
- https://www.energy.gov/eere/amo/lab-embedded-entrepreneurship-program
- wikipedia:Innovation Crossroads
