Feds Eye Expanded Tech Commercialization

Government Technology: Federal legislation could soon speed up the process of commercializing state-of-the-art technology developed at national laboratories.

S. 2973, the National Laboratory Technology Maturation Act, launches the National Laboratory Technology Maturation Program (NLTMP) at the U.S. Department of Energy. The bill establishes funding to help small businesses that are using licensed technology from the lab to purchase up to $250,000 in assistance from lab scientists and engineers to consumerize the tech.

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