CargoAdmin, Bureaucrats, Moderators (CommentStreams), fileuploaders, Interface administrators, newuser, Push subscription managers, Suppressors, Administrators
14,662
edits
Chain Reaction Innovations: Difference between revisions
no edit summary
m (Text replacement - "{{<span class="error">Expansion depth limit exceeded</span>" to "{{Organization") Tag: Reverted |
No edit summary Tag: Manual revert |
||
| Line 1: | Line 1: | ||
{{ | {{Program | ||
|ProgramName=Chain Reaction Innovations | |||
|ProgramType=Program | |ProgramType=Program | ||
|OrgSponsor=Office of Energy Efficiency and Renewable Energy | |OrgSponsor=Office of Energy Efficiency and Renewable Energy | ||
| Line 13: | Line 14: | ||
The '''Chain Reaction Innovations''' (CRI) program, launched in May 2016 by the Department of Energy’s [[Office of Energy Efficiency and Renewable Energy]] (EERE), embeds innovators at [[Argonne National Laboratory]] (ANL) within the [[Lab-Embedded Entrepreneurship Program]] (LEEP), supporting over 50 fellows across nine cohorts by 2025 who have raised $666 million in follow-on funding and created 698 jobs. | The '''Chain Reaction Innovations''' (CRI) program, launched in May 2016 by the Department of Energy’s [[Office of Energy Efficiency and Renewable Energy]] (EERE), embeds innovators at [[Argonne National Laboratory]] (ANL) within the [[Lab-Embedded Entrepreneurship Program]] (LEEP), supporting over 50 fellows across nine cohorts by 2025 who have raised $666 million in follow-on funding and created 698 jobs. | ||
CRI has nurtured startups like ClearFlame Engines and NUMiX Materials, leveraging ANL’s [[Advanced Photon Source]] and [[Mira supercomputer]], with Cohort 9’s application closing November 8, 2024, and fellows starting June 2025.< | CRI has nurtured startups like ClearFlame Engines and NUMiX Materials, leveraging ANL’s [[Advanced Photon Source]] and [[Mira supercomputer]], with Cohort 9’s application closing November 8, 2024, and fellows starting June 2025.<ref>{{cite web |url=https://chainreaction.anl.gov |title=Chain Reaction Innovations |publisher=Argonne National Laboratory}}</ref> | ||
As a DOE initiative, it drives clean energy innovation amid broader U.S. energy policy debates, reinforcing decarbonization efforts through entrepreneurial science. | As a DOE initiative, it drives clean energy innovation amid broader U.S. energy policy debates, reinforcing decarbonization efforts through entrepreneurial science. | ||
{{ | {{Official URL (simple)|url=https://chainreaction.anl.gov}} | ||
==Goals== | ==Goals== | ||
| Line 23: | Line 24: | ||
* De-risk early-stage clean energy technologies for market entry within two years. | * De-risk early-stage clean energy technologies for market entry within two years. | ||
* Train innovators in entrepreneurship to launch sustainable startups. | * Train innovators in entrepreneurship to launch sustainable startups. | ||
* Drive economic impact with over $600 million in investments and hundreds of jobs.< | * Drive economic impact with over $600 million in investments and hundreds of jobs.<ref>{{cite web |url=https://www.energy.gov/eere/articles/innovators-does-lab-embedded-entrepreneurship-program-surpass-1-billion-follow |title=$1 Billion Follow-on Funding |publisher=Department of Energy}}</ref> | ||
==Organization== | ==Organization== | ||
Chain Reaction Innovations is sponsored by EERE’s [[Advanced Materials & Manufacturing Technologies Office]] (AMMTO), hosted at ANL, and directed by Dick Co since 2016. It integrates mentorship from ANL’s 1,400 researchers and partnerships with the University of Chicago’s Polsky Center and mHUB, funded through AMMTO budgets.< | Chain Reaction Innovations is sponsored by EERE’s [[Advanced Materials & Manufacturing Technologies Office]] (AMMTO), hosted at ANL, and directed by Dick Co since 2016. It integrates mentorship from ANL’s 1,400 researchers and partnerships with the University of Chicago’s Polsky Center and mHUB, funded through AMMTO budgets.<ref>{{cite web |url=https://www.energy.gov/eere/amo/lab-embedded-entrepreneurship-program |title=LEEP Overview |publisher=Department of Energy}}</ref> | ||
==Partners== | ==Partners== | ||
| Line 38: | Line 39: | ||
==History== | ==History== | ||
CRI began in May 2016 with a $2 million DOE investment as part of LEEP’s expansion from Cyclotron Road, with Cohort 1 graduating in June 2019 after raising significant funding.< | CRI began in May 2016 with a $2 million DOE investment as part of LEEP’s expansion from Cyclotron Road, with Cohort 1 graduating in June 2019 after raising significant funding.<ref>{{cite web |url=https://www.energy.gov/eere/articles/chain-reaction-innovation-does-newest-investment-clean-energy-innovation |title=CRI Launch |publisher=Department of Energy}}</ref> Milestones include Cohort 3’s 2019 selection, the 2022 LEEP Summit, and Cohort 9’s call opening September 4, 2024, closing November 8, with over $666 million amassed by December 2024 per ANL metrics. It continues to support DOE’s clean energy agenda. | ||
==Funding== | ==Funding== | ||
Initial funding of $2 million in 2016 launched CRI, with over $20 million in DOE support by 2025—e.g., $6 million for Cohort 8—yielding $666 million in follow-on funding.< | Initial funding of $2 million in 2016 launched CRI, with over $20 million in DOE support by 2025—e.g., $6 million for Cohort 8—yielding $666 million in follow-on funding.<ref>{{cite web |url=https://chainreaction.anl.gov/our-impact/ |title=CRI Impact |publisher=Argonne National Laboratory}}</ref> Ongoing AMMTO funding provides fellowships ($150,000-$200,000 per fellow), lab resources, and ecosystem growth, with no end date aligned to DOE’s mission. | ||
==Implementation== | ==Implementation== | ||
CRI embeds 4-7 fellows annually at ANL for two years, offering R&D access, mentorship, and resources, showcased at events like the 2023 Chicago Demo Day.< | CRI embeds 4-7 fellows annually at ANL for two years, offering R&D access, mentorship, and resources, showcased at events like the 2023 Chicago Demo Day.<ref>{{cite web |url=https://chainreaction.anl.gov/leep-demo-day-2023/ |title=LEEP Demo Day 2023 |publisher=Argonne National Laboratory}}</ref> It advances through cohort cycles—e.g., Cohort 9 starts June 2025—focusing on innovations like decarbonized fuels, adapting to energy needs with no fixed end. | ||
==Related== | ==Related== | ||
| Line 67: | Line 68: | ||
[[Category:Programs and initiatives]] | [[Category:Programs and initiatives]] | ||
[[Category:Programs]] | |||
[[Category:Department of Energy]] | [[Category:Department of Energy]] | ||
[[Category:Partnerships]] | [[Category:Partnerships]] | ||