Deadline: March 27, 2025
The goal of Venture For ClimateTech is to accelerate innovations likely to have substantial climate impacts for all, and which have potential for adoption in NYS. In particular, they want to offer a path to help entrepreneurs whose highly impactful innovations face unique barriers to commercialization through normal processes due to long paths to market and high capital intensity, along with other more traditional startups.
Venture For ClimateTech is designed to help you quickly and effectively address the biggest risks in launching your venture. It’s a three-phase, six-month program that seeks to help you build the team, knowledge, and personal network you need to succeed, while providing the capital, community, access to talent, and connections to make the journey faster and smoother.
Benefits
- Validate the Market Opportunity: Conduct customer discovery to test your innovation within true market realities.
- Secure Funding: Launch your ClimateTech business with up to $50,000 in non-dilutive funding.
- Build a Robust Team: Tap into our diverse ecosystem and get help with early hires.
- Get Comprehensive Support: Turn your vision into reality with tools, mentor-driven education, connections, and coaching.
- Access Free or Discounted Services Through Our Perk Partners: Prepare your inventory, distribution, quality assurance, logistics, and fulfillment plans to deliver high-quality products, on time.
- Gain a Pathway to Scale: Get manufacturing support through Scale For ClimateTech and introduce you to other programs when you’re ready to move your prototype into production.
- They broadly are interested in companies developing technologies that have the potential to substantially reduce GHG emissions globally, and in the state of New York in particular. The fifth cohort will focus on decarbonizing four key sectors: Buildings, Transportation, Grid, and Industry. Companies with solutions that positively help communities impacted by climate change are strongly encouraged to apply.
- They work with early-stage entrepreneurs from TRL 2-7s, some of whom may not yet have formed a legal entity. We are looking for early-stage entrepreneurs so while many may have secured significant grant funding, companies that have already raised substantial institutional capital may not be the best fit.
- They are happy to have a conversation about other resources in our ecosystem that might be appropriate, or whether you might be a fit for their Scale For ClimateTech program.
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