Cyclotron Road
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Cyclotron Road
Cyclotron Road is a fellowship program for technology innovators at Lawrence Berkeley National Laboratory Lawrence Berkeley National Laboratory (LBNL), commonly referred to as the Berkeley Lab, is a United States Department of Energy National Labs, United States national laboratory that is owned by, and conducts scientific research on behalf of, t ..., or Berkeley Lab. Cyclotron Road supports entrepreneurial scientists as they advance their own technology projects that have the promise of significant global impact. The core support for the program comes from the Department of Energy's Office of Energy Efficiency and Renewable Energy, through the Lab-Embedded Entrepreneurship Program. Most of the technologies developed by Cyclotron Road fellows are designed to accelerate the transition to a decarbonized economy. Berkeley Lab manages the program in close partnership with ''Activate'', a nonprofit organization established to scale the Cyclotron Road fellowship model to a greater ...
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Lawrence Berkeley National Laboratory
Lawrence Berkeley National Laboratory (LBNL), commonly referred to as the Berkeley Lab, is a United States Department of Energy National Labs, United States national laboratory that is owned by, and conducts scientific research on behalf of, the United States Department of Energy. Located in the Berkeley Hills, hills of Berkeley, California, the lab overlooks the campus of the University of California, Berkeley, and is managed by the University of California system. History 1931–1941 The laboratory was founded on August 26, 1931, by Ernest Lawrence, as the Radiation Laboratory of the University of California, Berkeley, associated with the Physics Department. It centered physics research around his new instrument, the cyclotron, a type of particle accelerator for which he was awarded the Nobel Prize in Physics in 1939. Throughout the 1930s, Lawrence pushed to create larger and larger machines for physics research, courting private philanthropy, philanthropists for funding. He ...
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Twelve (company)
Twelve is a chemical technology company based in Berkeley, California. They develop technology to convert into profitable chemicals, such as plastics and transportation fuels. Currently, the company uses metal catalysts to produce synthetic gas ( syngas), methane, and ethylene. History Originally launched under the name Obtainium in 2014, and later known as Opus 12, Twelve was officially founded in 2015 by Dr. Kendra Kuhl, Dr. Etosha Cave, and Nicholas Flanders. The company was part of Lawrence Berkeley National Laboratory's first Cyclotron Road cohort, an incubator program that aids in the creation of environmentally beneficial companies. Since then, it has won multiple awards including the Keeling Curve prize, Ocean Exchange's WW Orcelle award, the Roddenberry prize, and Forbes' Change the World competition. In 2021, Twelve received $57 million in series A funding; the company has also received funding through SBIR grants for projects involving conversion. This include ...
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Entrepreneurship Organizations
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While def ...
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Entrepreneurship In The United States
The United States is a highly developed mixed-market economy and has the world's largest nominal GDP and net wealth. It has the second-largest by purchasing power parity (PPP) behind China. It has the world's seventh-highest per capita GDP (nominal) and the eighth-highest per capita GDP (PPP) as of 2022. US share of Global economy is 15.78% in PPP terms in 2022. The United States has the most technologically powerful and innovative economy in the world. Its firms are at or near the forefront in technological advances, especially in artificial intelligence, computers, pharmaceuticals, and medical, aerospace, and military equipment. The U.S. dollar is the currency of record most used in international transactions and is the world's foremost reserve currency, backed by the nation’s massive economy, stable government, extensive natural resources, highly advanced military, its role as the reference standard for the petrodollar system, and its linked eurodollar a ...
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Business Incubators Of The United States
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated an ...
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