FUEL Proof-of-Concept Awards 2026

About

A funding program designed to support early-stage companies in the energy sector, providing non-dilutive financial assistance to help bridge the gap between invention and market entry. Participants will receive up to $200,000 to develop innovative energy solutions, with a focus on commercialization and market readiness. This initiative aims to strengthen Louisiana's energy innovation ecosystem and promote sustainable practices in the industry.

Benefits

• 💰Financial Support
  Up to $200,000 in non-dilutive funding for project development
• 🎓Professional Services
  Access to professional services including legal and technical support
• 🏢Equipment and Supplies
  Funding can be used for necessary supplies and equipment for project execution
• 🌐Networking Opportunities
  Connection to industry partners and potential investors in the energy sector
• 📈Market Readiness
  Support in preparing projects for professional funding and market entry

Eligibility Criteria

• Open to early-stage companies in the energy sector
• Must be based in Louisiana or have a significant impact on the Louisiana energy market
• Projects must focus on energy innovation and commercialization
• Companies must demonstrate a viable business model and potential for market entry
• Investigators must complete their project within one year of receiving the award

Participation Commitments

• Must complete the project within one year of receiving the award
• Participants must provide regular updates on project progress
• Must demonstrate the potential for commercialization and market impact
• Required to submit a final report detailing project outcomes and financial expenditures

Target Sector

Energy innovation and technology development

Target Location

Focused on startups based in Louisiana or impacting the Louisiana energy market