Cleantech Accelerator (PON 3875)

Due Date:  03/06/2019  (Round 1)

Description

For the past five years, entrepreneurial teams from across New York State have used clean energy technology as the foundation to build new businesses. By raising a combined $47 million in private investment and approximately $29 million of non-NYSERDA grant funding, the start-ups in the NYSERDA proof-of-concept center program are having a positive impact.
NYSERDA is building on this success and applying the lessons learned to a new Cleantech Accelerator.
Through a competitive solicitation, NYSERDA is looking to support the launch and operation of one or more  programs that will facilitate the market validation of promising clean energy technologies and bring them to market through either new business formation or strategic partnerships. To be successful, the Cleantech Accelerator will implement an integrated set of activities involving recruitment and team formation; market validation and entrepreneurial training; and, business formation and launch.
Up to $10,000,000 of NYSERDA funding is available for an initial term of five years with one, one-year option to renew. NYSERDA may make one or more awards as a result of this solicitation. A proposer may request all or a portion of the available funding.  NYSERDA reserves the right to add or reduce time and/ or funding to awarded contracts.

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