Scientists, engineers and entrepreneurs who would not otherwise be able to attract private investment, but could lead to breakthrough energy technologies, are invited to apply for funding, according to ARPA-E.
Individual awards under the open funding opportunity will range between $250,000 and $10 million.
This is the second open funding opportunity released under ARPA-E. The first was in 2009.
The Obama administration launched ARPA-E in 2009 to seek out breakthrough technologies that are too risky for private sector investment but have the potential to translate science into major advances in energy technology and form the foundation for entirely new industries.
Since its founding, ARPA-E has funded a total of more than 180 projects, for $521.7 million in awards across 12 program areas. Last year, 11 of its projects that received $40 million for innovative research were able to use this funding to demonstrate results, which allowed these teams to secure more than $200 million in outside private capital investment, according to the agency.
More details on the funding opportunity are available at the link below.