DOE kicks off "Entrepreneur in Residence" program for alternative energy projects

October 24, 2007 | Matt Marshall

The Department of Energy said it has started an “Entrepreneur in Residence” to help commercialize alternative energy research projects at the DOE.

DOE Assistant Secretary Alexander Karsner announced the program this week during a visit to Silicon Valley. He was scheduled to talk about the program during a visit to the Stanford business school. Karsner oversees the DOE’s Office of Energy Efficiency and Renewable Energy. The EIR program will invite three entrepreneurs to the DOE’s labs to help bring its technology to market, seeks to work with venture capitalists to help fund the projects. The DOE will provide $300,000 in seed funding.

Three labs included in the project are Golden, Colo.-based National Renewable Energy Lab, Sandia National Laboratory and Oak Ridge National Laboratory.

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Tags: Department of Energy

About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.