Program Description: With $10M in funding from the New York State Energy Research and Development Authority (NYSERDA), PowerBridgeNY’s mission is to turn cleantech innovations from the academic research labs of our six partner institutions into strong, cleantech businesses in New York State. We do this by offering teams up to $150K to conduct 100 Customer Discovery interviews and develop a prototype or conduct in-field testing to move the technology closer to commercialization via a startup (preferable) or license. During the program, we host a series of events and monthly check-ins using the NSF I-Corps/Lean LaunchPad Methodology as well as subsidize the cost of necessary services, provide industry Mentors, and arrange pro bono office hours with experts in law, finance, grant writing, and more.
PowerBridgeNY is two separate proof-of-concept centers (POCC), both funded by NYSERDA, collaborating as one program. One POCC is led by Columbia University and includes Brookhaven National Laboratory, Stony Brook University, and Cornell Tech. The other POCC is led by the Tandon School of Engineering at New York University and includes the City University of New York.
Technology Sectors Supported: Agriculture, Chemicals & Advanced Materials, Energy Efficiency, Green Buildings, Information & Communication Tech, Power Generation, Transportation & Mobility, Waste, Water
Geography Served: All applicants must have technologies that come from the following academic research institutions in New York State: Columbia University, New York University, Stony Brook University, Cornell Tech, and Brookhaven National Lab.
Stage of Company Served: Early Stage - Idea/Proof of Concept, Prototyping
Program Tenure: 7 years
Requirements: Annual application. Preproposal> full proposal > pitch day. External panel of judges (VCs, utilities, corporates, etc.) Have to have IP on file with university partners; have to have working lab-scale prototype.