The Seed Investments Program is a two-stage investment program that provides up to $250,000 in convertible notes to pre-seed or seed-stage clean energy startups.
Donor Name: Massachusetts Clean Energy Technology Center (“MassCEC”)
State: Massachusetts
County: All Counties
Type of Grant: Grant
Deadline (mm/dd/yyyy): Ongoing
Size of the Grant: $250,000
Details:
The program exists to support companies as they advance and commercialize clean energy technologies and business models. The predecessor to the Seed Investments Program was the AccelerateMass program, through which twelve clean energy startups were supported between 2015-2019.
Program Goals
- Offer timely funding
- Support continued momentum and create runway
- Support progress and achievement of commercial and technical milestones
- Retain/attract early-stage companies to MA
- Attract private capital to early-stage MA-based cleantech companies
Funding Information
Grant up to $250,000.
Eligibility Criteria
Only Massachusetts-based applicants whose primary business fits the MassCEC definition of “clean energy” and that are currently based in, or intend to relocate to Massachusetts, are eligible to apply. Awards to applicants not currently located in Massachusetts will be contingent on proof of relocation to the Commonwealth.
For more information, visit Seed Investments Program.