Sec. 3. T²-Corps
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Title II of the Department of Energy Organization Act ( 42 U.S.C. 7131 et seq. ) (as amended by section 2) is amended by adding at the end the following: The Secretary shall establish a T 2 -Corps, modeled after the I-Corps of the National Science Foundation, to support investments in entrepreneurs, mentors, and principal investigators. The goal of the T 2 -Corps is to invest in technology maturation, market assessment, and increasing industry and small business access to intellectual property and core capabilities of the Department and National Laboratories.
The Office of Advanced Research, Technology Transfer, and Innovation in Energy (including technology transfer offices of the Office) (referred to in this section as the Office ) shall establish teams composed of— entrepreneurs who possess relevant technical knowledge and a commitment to investigate the commercial applications of technology innovation; mentors who are experienced entrepreneurs, with technology, marketing, commercialization, or other relevant expertise to assist teams in the development of the team and throughout the learning process in a manner similar to the Senior Corps; and principal investigators who serve as technical lead and project managers.
Each team shall be selected and assembled through a competitive process. Each team shall be hosted by a technology transfer office. The technology transfer office shall monitor and administer participation in the program in accordance with this section. The Secretary shall ensure, to the maximum extent practicable, the diversity of teams established under this subsection. The Office may establish and participate in technology commercialization challenges. The Office may use a technology commercialization challenge— to leverage the core strengths of a National Laboratory and allow the National Laboratory to focus on a specific topic; and to create collaborative public-private partnerships that address challenges identified by the industry or National Laboratory technology transfer working groups.
The Secretary and the Administrator of the Small Business Administration shall ensure that at least 80 percent of the businesses participating in the T 2 -Corps are smaller enterprises (as defined by the Administrator) that are located in diverse regional geographic areas established under section 220(e)(4). The Office shall work with National Laboratory technology transfer offices— to develop information sharing and coordinate resources to enable coordination and competition between members of T 2 -Corps teams, including a coordination platform that leverage existing elements of social media and networking to connect individuals and teams in the exchange of information and ideas; and to connect follow on-funding and other resources with successful start-ups through actions such as— inviting successful teams or projects to participate in an alumni network to reinvest in the next generation of start-ups; and arranging opportunities for successful start-ups to connect with programs that are not administered by the Department or the Small Business Administration to promote the growth of business.
The Office shall partner with foundations and nonprofit entities with similar technology transfer and entrepreneurship priorities and goals to assist in carrying out this section. The partnerships may be established to carry out— coordination, planning, and volunteer activities that do not involve the transfer of funding between partners; or competitively solicited partnership agreements— to enable foundations and nonprofit entities to apply for funding to assist in carrying out Department activities; or to provide funding to augment existing Department activities relating specifically to common technology transfer and entrepreneurship priorities and goals.
The Office may use to carry out this section— funding made available to carry out— the Small Business Act ( 15 U.S.C. 631 et seq. ); or section 1001 of the Energy Policy Act of 2005 ( 42 U.S.C. 16391 ); and any other funds that are made available to carry out this section. .
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