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“Startup America” is a White House initiative to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation. This coordinated public/private effort brings together an alliance of the country‘s most innovative entrepreneurs, corporations, universities, foundations, and other leaders, working in concert with a wide range of federal agencies to dramatically increase the prevalence and success of America‘s entrepreneurs.

This mission to promote entrepreneurship is a core component of President Obama‘s national innovation strategy for achieving sustainable growth and quality jobs. The core goals of Startup America are to increase the number and scale of new high-growth firms that are creating economic growth, innovation, and quality jobs; celebrate and honor entrepreneurship as a core American value and source of competitive advantage; and inspire and empower an ever-greater diversity of communities and individuals to build great American companies.

In support of the Administration‘s innovation agenda and commitment to reducing regulation for small businesses, DOE Laboratories are engaging in a new initiative to support the creation of high-growth companies. DOE Laboratories are committed to maximizing the economic and social impact of the federal investments made in basic and applied science. DOE seeks to attract entrepreneurs and small businesses to consider Laboratories‘ current patent portfolios and new technologies when starting or growing a business. This initiative seeks to reduce transaction costs typically associated with acquiring an Option, such as upfront fees, patent reimbursement cost and the time to negotiate an agreement.

The DOE laboratories have earmarked the technologies in this “Startup America” category as featured opportunities for entrepreneurs. In addition, any unlicensed DOE Laboratory patent, including those covered by the other technology marketing summaries on the Energy Innovation Portal, may be available as a “Startup America” opportunity.

Objective

The short-term aim of DOE‘s Start-Up America initiative is to double the number of start-up agreements from DOE Laboratories (based on FY09 metrics of 21 start-ups). A longer-term target is to attract more entrepreneurs to the technologies available from DOE‘s Laboratories.

Karina Edmonds, PhD, the Technology Transfer Coordinator for DOE, has written a presentation explaining the DOE‘s Start-Up America initiative, “America‘s Next Top Energy Innovator.”

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