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DOE Announces Inclusive Energy Innovation Prize
By Lynn L. Bergeson and Ligia Duarte Botelho, M.A.
On September 30, 2021, DOE announced the launch of a new prize that will award up to $2.5 million in cash prizes to ten groups and organizations that support entrepreneurship and innovation in historically underserved communities. The Inclusive Energy Innovation Prize acknowledges that underserved populations have been and continue to be more susceptible to the negative impact of climate change, global warming, and pollution. DOE’s Office of Energy Efficiency and Renewable Energy (EERE) and the office of Economic Impact and Diversity (ED), hope to improve disadvantaged communities’ access to clean energy innovation ecosystems and to opportunities in science, technology, engineering, and mathematics (STEM). The prize supports the Biden-Harris Administration’s Justice40 Initiative to prioritize environmental and economic justice in the United States’ transition into a net-zero economy by 2050. The goals of the Prize are to:
DOE and ED will distribute Inclusive Energy Innovation Prize funds in two phases. In Phase One, winners will receive an initial cash prize of $200,000 each, with an opportunity to receive additional awards, mentorship, and other services. Phase One winners will also be eligible for participation in Phase Two prizes. In Phase Two, up to three teams will receive cash prizes from a pool of $500,000.
Phase One applications may be submitted until 5:00 p.m. (EST) on February 25, 2022, with winner announcements in March 2022. Phase Two applications may be submitted beginning in March 2023. Information on how to apply is available here.