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New Licensing Agreement Opens Energy Patents to NGOs, Non-Profits

Seeded on Sat Feb 18, 2012 12:55 PM EST
Read ArticleArticle Source: United States Department of Energy
technology, white-house, energy-department, technology-innovation
Seeded by Par4TheCourse
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The technology to improve access to fuel, electricity and clean water for some of the world’s poorest people may already be in the patent portfolios of the Energy Department’s National Labs. The challenge, however, can be finding dedicated organizations willing to develop the technology and bring it to market, which can mean bringing energy technology to the most remote parts of the world.

Michael Hess

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Par4TheCourse

As part of President Obama’s Global Development Policy, a new licensing agreement opens a number of Energy Department patents to qualified non-governmental and non-profit organizations. Just as was offered to innovative startups with America’s Next Top Energy Innovator Challenge, selected organizations only pay an upfront fee of $2,000 and a royalty of up to 2 percent of gross sales of licensed products.

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Reply#1 - Sat Feb 18, 2012 12:55 PM EST
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