Energy Program for Innovation Clusters
Stored: Energy Program for Innovation Clusters
| Type | Program |
|---|---|
| Sponsor Organization | Office of Technology Transitions |
| Top Organization | Department of Energy |
| Creation Legislation | None |
| Website | Website |
| Purpose | Energy Program for Innovation Clusters funds incubators to boost clean energy startups, aiming to enhance U.S. competitiveness by speeding up tech commercialization through regional ecosystems. |
| Program Start | 2020 |
| Initial Funding | $5 million |
| Duration | Ongoing |
| Historic | No |
The Energy Program for Innovation Clusters (EPIC) is a Department of Energy initiative launched in 2020 by the Office of Technology Transitions (OTT) to strengthen regional energy innovation ecosystems across the United States, awarding over $13 million across three rounds by 2025. EPIC has supported 48 incubators and accelerators, providing cash prizes and cooperative agreements—like the $4 million Round 3 in 2024—to teams driving energy technology clusters, with notable outcomes including the Midwest Regional Innovation Partnership’s support for over 360 startups since 2021.[1] With Round 3’s Phase 2 winners announced in December 2024, EPIC continues to evolve, planning future opportunities in 2025 to bolster clean energy entrepreneurship.
Goals
- Stimulate regional energy innovation by funding incubators with impactful cluster-building plans.
- Accelerate commercialization of clean energy technologies through mentorship and resources.
- Enhance national economic and energy security via strong regional startup ecosystems.[2]
Organization
The Energy Program for Innovation Clusters is managed by OTT within DOE, with a Program Manager overseeing its two-part structure: a prize competition and funding opportunity announcements (FOAs). Operations involve collaboration with DOE labs like NREL and ORNL, with funding from OTT’s budget—initially $5 million in FY 2020—supporting awards and events like the 2024 EPIC Pitch Competition.[3]
Partners
History
EPIC was established in 2020 with $5 million appropriated by Congress, responding to the need for regional innovation clusters to drive energy tech commercialization.[4] Round 1 awarded $1 million in prizes to 20 incubators in 2020, followed by Round 2’s $2 million in 2023 and Round 3’s $4 million cooperative agreements by 2024, with Phase 2 winners announced December 2024. It continues to expand, with OTT planning further rounds in 2025 per recent updates.
Funding
Initial funding of $5 million in FY 2020 kicked off EPIC, with subsequent rounds adding $2 million (Round 2) and $4 million (Round 3) by 2024, totaling over $13 million.[5] Ongoing support via OTT appropriations funds prizes, up to $1 million cooperative agreements, and pitch events, with no end date as it aligns with DOE’s tech transition goals.
Implementation
EPIC operates in phases: prize competitions (e.g., $50,000 awards to 20 incubators in Round 1) and FOAs (e.g., $1 million agreements in Round 3), executed via HeroX platforms and DOE partnerships.[6] It supports incubators like Dominion Energy Innovation Center’s Hyperscaled through funding and pitch events—like the 2024 $70,000 DC Pitch Competition—adapting to regional needs with ongoing rounds planned for 2025.
Related
External links
- https://www.energy.gov/eere/technologytransitions/energy-program-innovation-clusters
- https://www.herox.com/EPIC3
- wikipedia:Energy Program for Innovation Clusters
Social media
References
- ↑ "EPIC Overview". Department of Energy. https://www.energy.gov/eere/technologytransitions/energy-program-innovation-clusters.
- ↑ "EPIC Round 3 Winners". Department of Energy. https://www.energy.gov/eere/technologytransitions/articles/incubators-and-accelerators-awarded-over-45-million-doe-support.
- ↑ "EPIC Report to Congress". Department of Energy. https://www.energy.gov/eere/technologytransitions/articles/energy-program-innovation-clusters-epic-report-congress-june-2022.
- ↑ "EPIC Report to Congress". Department of Energy. https://www.energy.gov/eere/technologytransitions/articles/energy-program-innovation-clusters-epic-report-congress-june-2022.
- ↑ "EPIC Round 3 Winners". Department of Energy. https://www.energy.gov/eere/technologytransitions/articles/incubators-and-accelerators-awarded-over-45-million-doe-support.
- ↑ "EPIC Round 3". HeroX. https://www.herox.com/EPIC3.