Program Will Provide Grants of up to $250,000 to Startups to Offset Costs Associated
with Prototype Testing
TRENTON, N.J. (December 19, 2022) – The New Jersey Commission on Science, Innovation and Technology (CSIT) is currently accepting applications for its Pilot Clean Tech Demonstration Program. This $2.5 million competitive program will support New Jersey companies accelerating the commercialization and deployment of innovative clean energy technologies. Specifically, the program will provide grants of up to $250,000 each to help startups develop technologies intended to create a cleaner and greener future for New Jersey. The application can be found at https://www.njeda.gov/pilot-clean-tech-demonstration-grant-program/.
The Pilot Clean Tech Demonstration Program supports clean technology businesses that have existing prototypes of their technologies and are ready to validate them in a real-world setting. Awardees can use the funding for such costs as testing and validating technological performance at customer sites, travel, equipment purchase, licensing, and patent fees. A complete list of acceptable uses is available at https://www.njeda.gov/pilot-clean-tech-demonstration-grant-program/.
The application for the Pilot Clean Tech Demonstration Program is a two-step process.
Applicants MUST complete the full application to be considered for funding. Complete program eligibility and scoring criteria can be found at https://www.njeda.gov/pilot-clean-tech-demonstration-grant-program/.
CSIT recently hosted an informational webinar on the Clean Tech Demonstration Program. A link to that recording, along with a copy of the materials presented, can be found at https://www.njeda.gov/pilot-clean-tech-demonstration-grant-program/.
Funding for the Clean Tech Demonstration Program is being provided by the New Jersey Board of Public Utilities. In addition to supporting emerging clean energy companies, the program will also help the state achieve its climate and clean energy targets laid out in New Jersey’s Energy Master Plan (EMP). The EMP offers a strategic vision for the production, distribution, consumption, and conservation of energy in the State of New Jersey.
About the New Jersey CSIT
In August 2018, Governor Murphy signed legislation re-establishing the former New Jersey Commission on Science and Technology as the CSIT. Comprised of representatives from the public and private sectors, as well as academia, the Commission is tasked with leading the way in promoting the state as a home for academic and technological research, development, and commercialization.
To learn more about state resources available to New Jersey entrepreneurs and early-stage companies, visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.
###
Related Content
September 13, 2024
NJEDA Board Approves NJ Innovation Evergreen Fund Investment into Princeton-Based Life Sciences Company
TRENTON, N.J. (September 13, 2024) – This week, the New Jersey Economic Development Authority (NJEDA) Board approved the fourth investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging Princeton-based life sciences company, RICOVR Healthcare, which is developing a rapid diagnostic test for cannabis use.
September 13, 2024
NJEDA Board Awards Tax Credits to Assist Rehabilitation of Historic Schwehm Building in Atlantic City
TRENTON, N.J. (September 13, 2024) – Earlier this week, the New Jersey Economic Development Authority (NJEDA) Board approved a tax credit award of up to $8 million to rehabilitate the underutilized Schwehm Building in downtown Atlantic City under the Historic Property Reinvestment Program (HPRP).
September 12, 2024
Manufacturing Voucher Program Phase III Approved by NJEDA Board
TRENTON, N.J. (September 12, 2024) – Yesterday, the New Jersey Economic Development Authority (NJEDA) Board approved Phase III of the Manufacturing Voucher Program (MVP), dedicating an additional $10 million to support manufacturers access to new equipment.