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U.S. Department of Energy Office of Fossil Energy and Carbon Management

DAC Pre-Commercial EPIC Prize

Pays incubator organizations up to $750,000 to build support programs for DAC entrepreneurs.

DAC Pre-Commercial EPIC Prize is a U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management prize that pays incubator organizations up to $750,000 to build support programs for direct air capture (DAC) entrepreneurs. Teams move through three phases -- Think It, Move It and Prove It -- winning larger prizes as they show more progress, but only phase winners advance: a team can'

The prize funds incubator and accelerator organizations, not individual startups, that design and run programs supporting entrepreneurs and innovators in direct air capture (DAC). It looks for plans that build clusters, resources and connections so DAC founders can move from idea to marketable product.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Prize
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.$3.7M

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