Innovative ChargeUp Accelerator Launched; Applications Due February 23, 2024
New Energy New York (NENY) is launching a new six-month program to advance battery innovation, the ChargeUp Accelerator. Using the expertise and curriculum of NextCorps Luminate and the NextCorps Manufacturing Accelerator, the program is made available through funding provided by the National Science Foundation (NSF).
Running from April through September, 2024, the new hybrid program provides industry-specific sessions driven by industry experts, along with connections to resources within a federally designated Battery Tech Hub. More than 200 hours of curriculum will advance readiness, which will enable participants to bring a product to market. The program will also provide meetings with potential investors.
Participants will receive $25,000 to use during the program, and connections for investment opportunities. In addition, companies may receive up to $100,000 for technical development.
Eligible technologies for this program cross the supply chain, from management to power electronics, to battery applications, to safety, to end-of-life, and to recycling. Overall, the objective for the program is to make participants a success. This is accomplished by connecting participants to world-class advisors to leverage their expertise.
Why upstate New York?
Upstate New York is home of the federally designated Battery Tech Hub, the most comprehensive innovation ecosystem for the battery industry in the nation. The Hub includes an unparalleled roster of battery-related research, development, prototyping, pilot manufacturing, testing and certification facilities, including shared-use dry rooms, battery cell prototyping centers, and cycle, abuse and burn testing infrastructure, with dedicated funding to support their use. The Hub also hosts premier research universities with a roster of leading sector researchers and innovators, including the Nobel Laureate inventor of the lithium-ion battery M. Stanley Whittingham. A network of incubator and business development organizations provides a comprehensive suite of programs, funding and resources to support startups and technology commercialization from lab to market. The Hub also provides key industry supply chain networking and connection opportunities.
What are the requirements for the applicant companies?
- U.S. startups
- Company innovations anywhere in the battery supply chain
- Have technologies proven at lab scale
- Have at least two full-time employees
- Have C-level team members able to participate in person for the accelerator
To find out more about the program, attend one of the information sessions below. The sessions will provide suggestions on how to submit a strong application for the ChargeUp Battery Accelerator and increase chances of being selected.
- Scale Your Startup at ChargeUp (Jan. 25, 2024, 1–2 p.m. EST) Register here
- Tips for Applying to ChargeUp (Feb. 8, 2024, 1 –2 p.m. EST) Register here
Applications are due by midnight on Feb. 23, 2024 for the first cohort of ChargeUp. Apply to the program through this link.