The “Innovation Crossroads” program at Oak Ridge National Laboratory (ORNL) provided some important updated information in its latest newsletter, spotlighting the success of its teams as well as news about the next cohort expected to arrive in a few months.
- In January, 20 innovators were chosen to pitch their technology and business model concepts to the program’s review panel that was comprised of local business and technical experts. Out of the initial pitches, 13 candidates were selected to return to ORNL for the final round of competition February 12 and 13. Up to six of the finalists will be selected for Cohort 4 with support from the U.S. Department of Energy’s Advanced Manufacturing Office and the Tennessee Valley Authority with the six, still to be announced, slated to onboard in May.
- Shane McMahon, Co-Founder of Lux Semiconductors and a member of Cohort 2 which will complete its two-year commitment in May, has been accepted into the U.S. Air Force’s “Technology, Transfer, and Transition (T3) Accelerator.” Offered in partnership with the Wright Brothers Institute (WBI) and The Entrepreneurs Center, the program leverages methodologies, programs, and resources to support the Air Force’s Small Business Innovation Research program goals.
- As already reported in teknovation.biz, Alex Lewis, Co-Founder of Electro-Active Technologies with Abhijeet Borole, received the “Start-up Award” at the 2019 University of Tennessee Research Foundation Innovation Luncheon; and Don DeRosa, Co-Founder of Eonix, was one of 15,000 nominees named in “Forbes’ 30 Under 30” annual prestigious list