§19311 Lab-embedded Entrepreneurship Program

Summary

The Secretary must give competitive 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 receive mentoring so they can do research and learn how to turn ideas into commercial products. Fellows must get training, professional development, contacts with possible advisors or partners, money and technical help for research and commercialization, fellowship pay for living costs, health insurance, and travel while the fellowship lasts, and any other resources the Secretary finds appropriate. Funded labs must give fellows access to facilities and experts, connect them with outside stakeholders, and help with market and customer development. Labs should focus on the fellow’s career growth and technology progress. Labs may partner with nonprofits, colleges or universities, federally-owned corporations, or consortia of those. The Secretary must build short- and long-term measures to judge program success, report an evaluation to the Committee on Science, Space, and Technology of the House of Representatives and the Committee on Energy and Natural Resources of the Senate under section 16391a, share best practices, coordinate grants, work with other agencies (including the Department of Defense), and may receive $25,000,000 for each of fiscal years 2023 through 2027.