FECM has opened applications for two Direct Air Capture Prizes, awarding up to $7.7 million in cash prizes and technical assistance across both challenges
Office of Fossil Energy and Carbon Management
March 13, 2023
minute read time
The U.S. Department of Energy's Office of Fossil Energy and Carbon Management has opened applications for two Direct Air Capture (DAC) Prizes, awarding up to $7.7 million in cash prizes and technical assistance across both challenges. Together, the prizes advance technological innovation in the direct air capture industry and help achieve emissions reduction targets.
- The DAC Pre-Commercial Energy Program for Innovation Clusters Prize, offering up to $3.7 million in cash prizes, is open to incubators and accelerators with impactful ideas to develop resources for energy startups and direct air capture entrepreneurs.
- The DAC Pre-Commercial Technology Prize, offering up to $4 million in cash prizes and technical assistance, is accepting applications for innovative, scalable technology solutions that address critical needs in the direct air capture industry.
Visit the American-Made Challenges website to learn more about the DAC Prizes suite and how to apply.