Application Deadline: Monday March 21st, 2022 at 5PM EST.
NJEDA is inviting applications for its Clean Tech Seed Grant Program (Round 2) to help New Jersey-based early stage clean tech/clean energy companies accelerate development and innovation of clean technologies to transform new discoveries from research stage into commercially viable technologies, leading to industry and investor interest.
Eligibility
Each Applicant to the Clean Tech Seed Grant Pilot Program must meet the following eligibility criteria at the time of application and throughout the review process:
- Authorized and in good standing to conduct business in New Jersey as evidenced by a New Jersey current New Jersey tax clearance certificate
- Have a minimum of one (1) full-time equivalent employee (FTE) including founders; with at least one employee working 50% of their time on the project being proposed
- 50% or more of the work of its employees, including founders and contractors conducted in NJ (calculated on an FTE basis – 35 hrs. per week)
- 50% or more of employees, including founders/contractors live or pay withholding taxes in NJ
- Company has less than two million dollars ($2,000,000) in prior third-party funding over its lifetime (excluding government grants)
- Company has less than five hundred thousand dollars ($500,000) in previous calendar year sales revenue
Please note, previous grant awardees from Round 1 of the Clean Tech Seed Grant Pilot Program are not eligible to apply for Round 2 of the Program.
The Program will be implemented by CSIT and NJEDA, and technical support will be provided at participating University Facilities and Government labs.Â
Application Procedure
The Application Portal will be open Monday, January 24th, 2022 at 10 AM to Monday March 21st, 2022 at 5PM EST.
Official Website: Clean Tech Seed Grant Program (Round-2)
