§19311 Lab-embedded Entrepreneurship Program

Summary

The Secretary must run a competition and give grants to National Laboratories to start or support Lab-Embedded Entrepreneurship Programs. These programs let entrepreneurial fellows use lab facilities, get help from lab experts and mentors, do research and development, and learn skills needed to turn ideas into products or businesses. Fellows must get training, chances to meet leaders and advisors, money and technical help for R&D and commercialization, fellowship pay for living, health insurance, and travel, plus any other resources the Secretary allows. Funded labs must give access to facilities and expertise, help connect fellows with outside partners and customers, and focus on the fellow’s career and technology progress. Labs may partner with nonprofits, colleges, federally-owned corporations, or consortia. The Secretary must create short- and long-term measures of success, submit an evaluation under section 16391a to the Committee on Science, Space, and Technology of the House of Representatives and the Committee on Energy and Natural Resources of the Senate, share best practices, work with other federal agencies (including the Department of Defense), and is authorized $25,000,000 for each of fiscal years 2023 through 2027.