NYSERDA Announces $4 Million Available to Develop Pilot Programs to Bring Together Cleantech Startups and Manufacturing Industries

State to Invest a Total of $12 Million to Support Partnerships Between Companies in This Initiative

June 29, 2017

The New York State Energy Research and Development Authority (NYSERDA) today announced the availability of up to $4 million for entities to help bridge the gap between clean energy technology hardware startup companies and manufacturers that can help bring their products to market. Bringing cleantech products to the marketplace is vital to supporting Governor Andrew M. Cuomo’s Reforming the Energy Vision (REV) effort and the Clean Climate Careers initiative, a multi-pronged strategy to grow New York's emerging clean energy economy to make the state a magnet for energy technology companies and create 40,000 new, good-paying clean energy jobs by 2020.

One of NYSERDA’s primary goals is to help bring innovative cleantech products to the marketplace. This funding will create the Manufacturing Corps (M-Corps) pilot program that will fund the development of strategies to accelerate the time-to-market for cleantech products. The M-Corps-funded entities will accomplish this goal by removing barriers between clean energy technology startups and New York State manufacturers.

Alicia Barton, President and CEO, NYSERDA said, “Under Governor Cuomo’s leadership, New York has made a significant investment in cleantech startups and supporting entrepreneurs. Now, we are taking the next step – to bring them together with manufacturers that can move their products to the marketplace to help make New York’s environment cleaner and greener.”

NYSERDA will competitively select one or more contractors to run the M-Corps pilot program by the Fall and then launch the pilot later this year. Once funds are awarded, most of the pilot activities will focus on hardware startups that have a prototype and a validated market but need manufacturing assistance. The goal is to better prepare hardware startup companies and manufacturers to work together as New York continues to advance these industries.

The pilot is expected to last approximately two years. Based on the results, NYSERDA will issue another competitive solicitation to select one or more contractors to implement the most promising lessons learned on a larger scale. NYSERDA will invest a total of $12 million in this initiative through the end of 2019.

NYSERDA will conduct an informational webinar about the M-Corps initiative on July 13, 2017, from 2:00 p.m. – 3:00 p.m., and answer questions relating to possible projects, program applicability, selection criteria, and any other appropriate topics. Funding is available through the State's Clean Energy Fund. More information about the webinar and funding is available on NYSERDA’s website.