The Massachusetts Clean Energy Center(“MassCEC”) is accepting proposals to fund accelerator business development activities to support Cleantech Startups in their commercialization life cycle.
Donor Name: Massachusetts Clean Energy Technology Center (MassCEC)
State: Massachusetts
City: All Counties
Type of Grant: Grant
Deadline: 01/02/2023
Size of the Grant: $120,000
Details:
The Accelerator Funding Program provides grants to Massachusetts accelerators for specific activities with the goal of growing the cleantech innovation ecosystem and commercializing early stage cleantech startups. Grants fund accelerator activities, including operations and management expenses, events and educational series, growing strategic clusters, prizes, and scholarships for their current cohort of startups.
Funding Information
- Total Funding Available: $340,000
- Grants are up to $120,000 per year and award payments are typically tied to accelerator deliverables and to startup scholarships and support.
The goals of the Accelerator Funding Program are to:
- Grow the clean energy innovation ecosystem;
- Promote commercialization of early stage cleantech startups;
- Support accelerators in their endeavors to provide the startup community with valuable resources; and
- Continue to attract early-stage cleantech startups to Massachusetts
Eligibility Criteria
An applicant must meet the following criteria:
- Applicants must be accelerator programs based in the Commonwealth of Massachusetts and/or contain a large percentage of Massachusetts-based startups in their cohort.
- Applicants must have startups that satisfy the definition of cleantech startup companies set forth below.
- Applicants are not required to exclusively host cleantech startups in their accelerators, but the accelerator must have a cleantech element or track.
- Applicants should have experienced management teams, a documented track record of providing effective services to cleantech startups and a sustainable accelerator model backed up by a credible business plan.
For more information, visit Accelerator Funding Program.