Deadline: March 27, 2025
Applications for the Venture for ClimateTech 2025 are now open. Join an ecosystem of innovators, investors, and experts to scale your impact and accelerate your innovation. 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.
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.
Benefits
- Validate the Market Opportunity: Conduct customer discovery to test your innovation within true market realities.
- Get Comprehensive Support: Turn your vision into reality with tools, mentor-driven education, connections, and coaching.
- Secure Funding: Launch your ClimateTech business with up to $50,000 in non-dilutive funding.
- Access Free or Discounted Services Through the Perk Partners: Prepare your inventory, distribution, quality assurance, logistics, and fulfillment plans to deliver high-quality products, on time.
- Build a Robust Team: Tap into their diverse ecosystem and get help with early hires.
- Gain a Pathway to Scale: Get manufacturing support through Scale for ClimateTech and introductions to other programs when you’re ready to move your prototype into production.
Eligibility
- Applicants can be located anywhere in the world but must have plans for how their solution can help New York State reach its climate goals as stated in the Climate Leadership and Protection Act.
- They work with early-stage entrepreneurs and solo founders, some of whom will not yet have formed a legal entity. They are looking for pre-seed, meaning you may have raised money through grants but no significant amount from institutional investors. They are happy to have a conversation about other resources in their ecosystem which might be appropriate, or whether you might be a fit for the Scale For ClimateTech program!
- They broadly are interested in companies developing technologies which 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.
Selection Criteria
Startups will be evaluated on the following criteria:
- The potential carbon equivalent reduction impact of the technology or service.
- The business opportunity makes sense, is substantial, and there is evidence of market interest.
- The founder or founding team is sharp, motivated, self-aware, and coachable
- The company is of an appropriate stage, and is positioned to benefit substantially from participation in the program.
- The startup product or service has a clear fit with the NYS ecosystem, in terms of having the opportunity for a presence, partnerships, or a market within the stage.
- The solution addresses and/or involves underserved communities in development or application.
Application
For more information, visit Venture for ClimateTech.
