(IDAHO FALLS, Idaho) – The Idaho National Laboratory (INL) is seeking an industry sponsor to invest $5 million to $10 million in a privately funded innovation incubator. This program will combine the power of a national laboratory with private sector commercialization knowledge to unleash breakthrough innovations by finding and supporting promising startups in the areas of nuclear energy, integrated energy systems, cybersecurity and advanced materials.
The innovation incubator seeks to provide seed-stage startups aligned with the private sector sponsor’s strategic investment priorities with access to INL’s world-class facilities and technical expertise, which can de-risk and advance their innovations. INL and the private sector sponsor will jointly issue nationwide calls for entrepreneurs and startups to identify American technologies and talent. This effort will develop and narrow into a small cohort of top candidates who will be selected for investment. The incubator provides the private sector sponsor with direct access to a pipeline of innovation at a fraction of the cost of conventional acquisition. Sponsor benefits include:
Interested industry sponsors can contact Jim Keating for more information.