![]() gener8tor Management LLC (gener8tor DAC Accelerator) - Chicago, IL: Will invest $100,000 per company in five direct air capture startups in the first year and guide them through the process with individualized coaching, mentorship, networking, and supporter access.Brownsville, TX: Empowers local entrepreneurs to tackle challenges through recruitment of both staffing, innovators, and subject matter experts with the goal of bringing up to five new innovations to the market in three years. Trustees of Columbia University (Carbontech Development Initiative) - New York City, NY: Provides technology development grants and accelerator training to direct air capture innovators, emphasizing whole-team training rather than focusing on startup executives.(Cleantech Open Northeast) - Somerville, MA: Helps innovators establish product-market fit and connect with experts who can accelerate technologies from lab to pilot through a 10-week program. Greentown Collaborative (Carbon 2 Value Initiative) - Houston, TX: Supports equity-driven direct air capture and carbon management technologies from innovation to deployment, enabling direct air capture startups to engage with the carbontech value chain.(Black & Veatch +RTI International - IgniteX DAC Accelerator) - Overland Park, KS: Advances the development and commercialization of hard-tech direct air capture and carbon removal technologies, regardless of development stage, through access to expertise, a network of clients and partners, and mentorship. (Airminers) - San Mateo, CA: Kickstarts a DAC Pioneers program offering that gives direct air capture startups resources and DOE national laboratory partnerships with a focus on environmental justice, leveraging a network of more than 2,000 members that support carbon removal startups. Berkeley CA: Layers new, targeted direct air capture programming into an existing entrepreneurial fellowship to support three to five new direct air capture startups yearly, including direct recruitment of diverse direct air capture founders leveraging generative artificial intelligence and natural language modeling. Learn more about the semi-finalist teams and their winning solutions: From mentorship and networking to prototyping assistance and intellectual property management, incubators can accelerate economic development, strengthen innovation, and expand domestic carbon-removal technology development and manufacturing. Incubators and accelerators help break down barriers that innovators and entrepreneurs face when they develop new technology. The DAC EPIC Prize sponsors incubator teams that provide creative and impactful solutions that support entrepreneurs and innovators in the direct air capture space. ![]() ![]() The separated CO 2 can then be safely and permanently stored deep underground or converted into useful carbon-containing products like concrete that prevent its release back into the atmosphere.ĭAC Pre-Commercial EPIC Prize Semifinalists “The DAC EPIC Prize “Think It” Phase winners have demonstrated a passion and expertise for assisting the transition of direct air capture technologies from an idea to a marketable product through design, industry networking, and business strategy support.”ĭirect air capture is a process that separates CO 2 from the air, helping to reduce the level of CO 2 already in the atmosphere. That is why accelerating the direct air capture industry is so important,” said Brad Crabtree, Assistant Secretary of Fossil Energy and Carbon Management. “To meet our net-zero ambitions, we must rapidly commercialize and scale carbon dioxide removal. The DAC Energy Program for Innovation Clusters (EPIC) Prize is one of several prize competitions hosted by DOE and funded by the Bipartisan Infrastructure Law to support breakthrough direct air capture technologies that demonstrate strong potential to accelerate economic support and expand domestic carbon removal. Advancing developments in carbon dioxide removal, including direct air capture (DAC) technology, is imperative to attaining the Biden-Harris Administration’s historic climate and clean energy agenda. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced 13 semifinalists to receive a total of $1.3 million for commercialization programs that support technologies to reduce carbon dioxide (CO 2) pollution by removing it directly from the atmosphere.
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