Empowering Aspiring Hard-Tech Entrepreneurs
Starting new hard-tech companies is a real challenge, and the funding for new hard-tech startups has declined significantly over the past decade. Innovation Crossroads, supported by the US Department of Energy’s Advanced Manufacturing Office and Tennessee Valley Authority, leverages Oak Ridge National Laboratory’s unique scientific resources and capabilities and connects the nation’s top innovators with experts, mentors, and networks in technology-related fields to take world-changing ideas from research and development to the marketplace.
Through an annual national call, the top entrepreneurial minded innovators are selected to join the two-year program. Participants receive a fellowship that covers living costs and benefits, a travel stipend, a substantial grant to use on collaborative research and development work at ORNL, and comprehensive assistance to build a sustainable business model.