The Innovation Ecosystem Program provides grants to Massachusetts ESOs for specific activities with the goal of growing the climatetech innovation ecosystem and commercializing early stage climatetech startups.
Donor Name: Massachusetts Clean Energy Technology Center (MassCEC)
State: Massachusetts
County: All Counties
Type of Grant: Grant
Deadline: 12/06/2024
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
Goals
The goals of the Program are to:
- Support the growth of a robust climatetech innovation ecosystem;
- Promote commercialization of early stage Climatetech Startups;
- Support Entrepreneur Support Organizations in their endeavors to provide the startup community with valuable resources; and
- Continue to attract early-stage Climatetech Startups to Massachusetts.
Entrepreneur Support Organizations provide strategic, valuable, and complementary resources to MassCEC by attracting and enabling growth of earlystage Massachusetts Climatetech Startups and improving their chances for commercialization success. MassCEC funding aims to support program operations for accelerators, incubators, and any ESO supporting the growth and development of Climatetech Startups.
Funding Information
Grants range from $120,000 to $175,000, depending on the applicant, per year and award payments are typically tied to ESO deliverables and to startup scholarships and support.
Eligible Activities
Grants fund ESO activities including, but not limited to
- operations and management expenses
- build-out of facilities or infrastructure
- equipment purchases
- networking and workshop events
- professional development of incubator staff
Eligibility Criteria
All applicant ESOs must meet the following criteria:
- Applicants must be based in the Commonwealth of Massachusetts and/or contain a large percentage of Massachusetts-based startups in their cohorts or membership base.
- Applicants must have startups that satisfy the definition of Climatetech Startups set.
- Applicants are not required to exclusively host Climatetech Startups in their cohorts, but the applicant must have a Climatetech element or track.
- Applicants should have experienced management teams and a sustainable organizational model backed up by a credible business plan.
- Applicants must be established organizations with multiple sources of funding and at least one (1) year of operations.
For more information, visit MassCEC.
