The Austin Technology Incubator will receive more than $745,000 to form the Southwest Regional Clean Energy Incubation Initiative (SCREII). SCREII’s network will support entrepreneurs in both rural and urban communities across Texas and New Mexico by providing an integrated incubator network that will bring resources directly to entrepreneurs, virtually or in person.
The proposal, which also involved partners at TAMU, UTEP and UTSA, was one of just four projects selected by the Department of Energy to receive awards under the new National Incubator Initiative for Clean Energy.
On June 20, Energy Secretary Ernest Moniz announced the $3.2 million launch of the National Incubator Initiative for Clean Energy (NIICE), of which the ATI grant is a part. Other recipients include regional projects based in California and the Midwest as well as a national organization coordinating clean-energy business incubators nationwide, the Clean Technology Accelerator Program (CleanTAP).
For more information see the DOE announcement, “Energy Department Invests $3.2 Million to Support Clean Energy Small Businesses and Entrepreneurs.”