Funding for NYC microgrid startups
New York’s Urban Future Lab is now offering $50,000 awards plus incubation guidance for microgrid startups and other smart grid entrepreneurial efforts.
Sponsored by the New York State Energy Research and Development Authority (NYSERDA), the clean tech incubation program helps scale new technologies.
Called the Urban Future Competition, the program offers incubation awards under three tracks: smart grid, smart mobility and smart city.
Microgrid startups have the opportunity to secure awards through the program’s smart grid track, which also seeks technologies related to renewable energy, energy efficiency, grid modernization and distributed generation.
The smart mobility track seeks technology related to electric vehicles (EVs) and EV infrastructure solutions, high performance and low carbon vehicle materials, autonomous vehicle technology and mobility artificial intelligence, digital tools and similar solutions.
The smart city track applies to businesses working in urban infrastructure and resiliency, Internet of Things, sensor networks, analytics, and similar technology.
In addition to the cash awards, winners have the opportunity to scale their businesses within ACRE, New York’s longest running cleantech incubator program, which has helped companies raise more than $340 million.
The Urban Future Competition is accepting applications until December 1
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