Grants for Technology Development & Commercialization
Have a new idea or concept? Ready to test out a promising concept at a small scale? Think you are ready to take the next step toward commercialization?
The U.S. government provides funding for developing and launching new technologies and concepts through thousands of grants that are awarded each year.
There are 10 Technology Readiness Levels (TRL), moving from concept (TRL-1) up through commercialization (TRL-10). Federal grants are available to support the development of innovations at all 10 Technology Readiness Levels.
The National Science Foundation offers over 1,200 grants a year for TRLs 1–4; the U.S. Department of Energy’s Advanced Research Projects Agency — Energy (ARPA-E) also offers grants to support energy-related innovations for TRLs 1–4.
Nine federal agencies offer Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants that support technology development in three phases (TRL 3–4, 5–6, and 7–8).
Grants and loan guarantees also are available to move promising new technologies up through TRL 8 and 9 to full commercialization and deployment.
Other grant and loan guarantee programs are available for building and installing systems utilizing existing, commercially available technologies.
Renewable Energy Consulting Services (RECS) can assist with securing funding for all 10 Technology Readiness Levels and for utilizing existing, commercially available technologies.
For further information on applying for U.S. government grants and loan guarantees, please contact: Craig Evans, Managing Director, Renewable Energy Consulting Services, Tel: 434–303–0800, Email: email@example.com, or visit the RECS website at www.renewable-energy.consulting.