The U.S. Department of Energy Office of Fossil Energy and Carbon Management announced five finalists for the Direct Air Capture (DAC) Pre-Commercial Energy Program for Innovation Clusters (EPIC) Prize. The DAC EPIC Prize offers $3.7 million in cash prizes to incubator teams that submit creative and impactful plans to support entrepreneurs and innovators in the DAC space. 

The finalists will each receive $300,000 in cash prizes for successfully progressing toward plan implementation in the Move It Phase of the prize.

Congratulations to our finalist teams:

  • Activate Global, Inc., Berkeley, California 
  • Airminers, San Mateo, California
  • gener8tor DAC Accelerator, Chicago, Illinois 
  • The Newlab DAC Slingshot Program, Louisiana 
  • Radicle Development Center, Malvern, Pennsylvania

The finalist teams will move on to the Prove It Phase, where they will compete for a grand prize of $750,000 or a runner-up prize of $250,000. 

The DAC EPIC Prize is part of the American-Made DAC Prizes, a suite of separate but connected prizes that address the barriers to moving direct air capture innovations from idea to market. 

Read more about the finalists and learn about the DAC EPIC Prize competition on energy.gov.