Eligible applicants must be either a principal Investigator (“PI”) at a Massachusetts-based nonprofit research institution or a Massachusetts-based early stage clean energy company with no more than $1 million in combined financing, grant funding and revenues within the past 5 years and have four or fewer full-time equivalent employees. Student teams are welcome to apply.
MassCEC's Catalyst Program provides grants of up to $65,000 to researchers and early-stage companies looking to demonstrate initial prototypes of their clean energy and water technologies.
The application period for the Fall 2016 Catalyst Program round is now closed. Thank you to all who applied!
Please check back in January 2017 for information on our Spring solicitation.
The Catalyst Program is jointly administered by MassCEC and the Massachusetts Technology Transfer Center (MTTC) with the primary intent of stimulating the commercialization of clean energy and water innovation technologies developed in the Commonwealth. Awarded funds are used to demonstrate the feasibility of technologies in specific industry applications in order to obtain increased industry and investor interest.
Recipients must use funding for projects that move their technologies towards commercialization. This includes gathering initial data to demonstrate proof of concept, how the technology compares to existing technologies and competitive advantages of the technology or to develop a prototype for the technology.
Advance innovation: Provide early-stage, clean energy researchers and startup companies with grant awards and business mentoring to transform new discoveries from the research stage into commercially viable technologies.
Key Metrics and Results:
Since the program began, the program has funded $2.73 million to 69 projects that have gone on to raise more than $100 million in follow-on funding and develop 104 new pieces of intellectual property (IP). One out of every 4 university awardees has created a new company, and 4 out of 5 of the technologies funded are still being actively developed and/or commercialized by the companies or universities.