INL seeks nuclear, cyber startup investors

The Department of Energy’s Idaho National Laboratory is shopping around for industry partners to invest between $5 million and $10 million in an “incubator” for startup businesses aimed at areas such as nuclear energy and cyber security.

In exchange for the seed investment, the startups would gain access to Idaho National Laboratory’s “world-class facilities and technical expertise,” according to a Tuesday press release from the lab.

“Partnering with INL adds credibility, goodwill and visibility to the private sector sponsor’s investments, demonstrating viable leadership in technical innovation,” the press release goes on to say.