Feds Pick Up Pace on Energy Ideas

[San Francisco Chronicle] The federal government has picked three venture capital firms – two of them from the Bay Area – to take promising energy technology ideas from national laboratories and turn those concepts into companies. Under the new Entrepreneur in Residence program from the U.S. Department of Energy, each venture firm will be paired with a specific national lab. The firm will choose an experienced entrepreneur to spend several months at that lab, examining the facility’s research into alternative energy or energy efficiency.

 

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