Deadline: 22-Feb-22
The Massachusetts Clean Energy Center (MassCEC) is now accepting applications for the IncubateMass Program to provide 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.
Goals
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.
Components
MassCEC seeks to support Incubators that include the following components:
- Shared space or access to other facilities (i.e., academic institutions or research laboratories) that cater to Cleantech Startups; or, if virtual, allow member startups to obtain physical space upon request.
- Relevant programs and services including, but not limited to, business assistance and support services (i.e., educational workshops, networking events) to specifically nurture Cleantech Startups.
- Shared equipment (or a plan to acquire necessary items).
- Mentoring and coaching from a management team with the necessary experience and expertise to effectively support Cleantech Startups through various commercialization stages.
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.
- 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.
For more information, visit https://www.masscec.com/incubatemass