The role of government partnership with private sector R&D is crucial to break out technologies, especially in the realm of energy and clean tech. These industries require even more intensive, early-stage research and funding, especially in light of regulation hurdles.
As we’ve witnessed over the past few years, VCs are dramatically lowering investment – even for more advanced cleantech startups – due to the inherent risk. Government funding support is crucial for our nation, marketplace, and environment because risky, on-the-edge research delivers the new big ideas, products, and services to propel us forward. Only government and private sector relationships and development can help make that happen.
This week we are continuing our dialogue on these issues in Washington, D.C. On Thursday, September 19 from 3:30 – 4:30 p.m. at the Russell Senate Office Building, PARC CEO Stephen Hoover will join Representative Doris Matsui (D-CA); Former Representative Bart Gordon (D-TN, Partner, K&L Gates and Former Chairman, House Committee on Science and Technology); Dr. Cheryl Martin (ARPA-E Deputy Director); and Phyllis Cuttino (Director, Clean Energy Program, The Pew Charitable Trusts) for the panel briefing “American Energy Ingenuity: How strategic federal partnerships with the private sector are driving energy innovation.” Registration is open to the public for the event.
This briefing will explore the ways the United States can maintain a technological lead in advanced energy technologies and enhance our economic, energy independence, and national security interests. Hoover and his co-panelists will present examples of how strategic partnerships between the federal government and private sector are spurring the development of the next generation of energy technologies and advanced manufacturing.
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