{"id":34904,"date":"2023-07-14T14:36:43","date_gmt":"2023-07-14T13:36:43","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=34904"},"modified":"2024-06-26T17:02:14","modified_gmt":"2024-06-26T16:02:14","slug":"federal-funding-opportunities-for-the-nine-technology-readiness-levels","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/federal-funding-opportunities-for-the-nine-technology-readiness-levels\/34904\/","title":{"rendered":"Federal funding opportunities for the nine Technology Readiness Levels"},"content":{"rendered":"

CJ Evans, Managing Director at American Diversified Enterprises LLC, discusses how the use of the nine Technology Readiness Levels (TRLs) can support innovative projects<\/a> in energy and sustainability.<\/h2>\n

Using the Technology Readiness Levels scale, many promising ideas, concepts, and innovations could improve, add to, and make game-changing energy, sustainability, and bioeconomy breakthroughs<\/a>. They could also create new jobs, bring economic growth to US communities, and catapult the US into a global lead in innovation.<\/p>\n

However, they may wind up languishing, losing steam, and ultimately falling silent, never to be heard from again, for one simple reason: lack of sufficient capital.<\/p>\n

At whatever point on the path to commercialisation that a bioenergy or bioeconomy project might be, federal funding, grants, and incentives<\/a> are available, at least for those who know where to look and how to meet the requirements.<\/p>\n

A significant element of seeking out and receiving financial support is recognising at what stage the project is, identifying likely funding sources, and meeting the requirements necessary to apply for and receive that money<\/a>.<\/p>\n

What are the Technology Readiness Levels?<\/h3>\n

The Technology Readiness Levels scale is a method for ascertaining the technology maturity of an idea, concept, or innovation. It uses a scale of one to nine, with nine being the most mature technology. (There also is a similar scale to measure each Manufacturing Readiness Level or MRL.)<\/p>\n

This article describes each of the nine TRLs to help you match federal funding opportunities to the level that your innovation, technology, or project has reached so you can match the available funding sources to those that will allow you to advance.<\/p>\n

TRLs and MRLs are used by multiple entities, including:<\/p>\n