The Massachusetts Clean Energy Center (MassCEC) is seeking applicants for its 2022 IncubateMass Program.
Donor Name: Massachusetts Clean Energy Center (MassCEC)
State: Massachusetts
County: All Counties
Type of Grant: Grant
Deadline (mm/dd/yyyy): 02/25/2022
Size of the Grant: $175,000
Details:
The IncubateMass Program provides funding to Massachusetts incubators with the goal of growing the clean energy innovation ecosystem and commercializing cleantech startups through incubator membership. This funding supports incubator activities, including but not limited to operations and management expenses, facilities and infrastructure build-outs, equipment purchases, networking events and workshops, growing strategic clusters, and professional development of incubator staff, among others as needed by incubator demand.
The goals of the IncubateMass Program are to:
- Grow the clean energy innovation ecosystem;
- Promote commercialization of early stage Cleantech Startups;
- Support Incubators in their endeavors to provide the startup community with valuable resources; and
- Continue to attract early-stage Cleantech Startups to Massachusetts.
Funding Information
Grants are up to $175,000 per year and award payments are typically tied to incubator management deliverables and startup member milestones.
Eligibility Criteria
- Applicants must be Incubators capable of providing business incubation services to Cleantech Startups at a location within the Commonwealth of Massachusetts. In recognition of the shift to remote work environments many enterprises have undertaken due to the COVID-19 Pandemic, MassCEC will also consider alternative (virtual) approaches to “hosting” startups as long as the applicant is Massachusetts-based and incubated startups have access to physical space in Massachusetts upon request.
- Applicants must have startups that satisfy the definition of Cleantech Startups.
- Applicants are not required to exclusively host Cleantech Startups in their Incubators, but the Incubator must have a partial clean energy focus to its operations and clientele.
- Applicants are encouraged to tailor their funding request to the needs of their regional economy.
- Applicants should have experienced management teams, a documented track record of providing effective services to Cleantech Startups and a sustainable Incubator model backed by a credible business plan.
- Applicants are encouraged to have a track record of providing effective services to Cleantech Startups (i.e. technology development, fundraising and grant writing, and customer acquisition.
For more information, visit IncubateMass Program.