; (B) leveraging technologies to support new product development that supports regional economic development; and (C) administering prize competitions to accelerate private sector competition and investment. (2) Activities (A) In general The Foundation may solicit and accept gifts, grants, and other donations, establish accounts, and invest and expend funds in support of the programs and activities described in subparagraphs (B) through (D). (B) Studies, competitions, and projects The Foundation may conduct and support studies, competitions, projects, research, development, commercialization, and other activities that further the purpose of the Foundation described in paragraph (1). (C) Fellowships and grants (i) In general The Foundation may provide fellowships and grants to recipients selected under clause (iii) for activities relating to research, development, prototyping, maturing, or commercializing of energy technologies. (ii) Uses of fellowships and grants A fellowship or grant under clause (i) may include stipends, travel, health insurance benefits, and other appropriate expenses. (iii) Selection The Executive Director shall select the recipient of a fellowship or grant based on the technical and commercialization merits of the project. (iv) Federal laboratories (I) In general Federal Laboratories, including laboratories of the Department of Energy, may apply for and accept grants under clause (i). (II) Effect A Federal laboratory that applies for or accepts a grant under subclause (I) shall not be considered to be engaging in a competitive procedure. (D) Supplementary programs The Foundation may carry out supplementary programs— (i) to conduct and support forums, meetings, conferences, courses, and training workshops consistent with the purpose of the Foundation described in paragraph (1); (ii) to support and encourage the understanding and development of— (I) data reporting models that promote the translation of technologies from the research stage, through development and maturation, and to the market