The Challenge: Bridging the Funding Gap
To support companies facing the so-called "commercialization valley of death,” a widely-recognized funding gap that exists between early-stage support offered by angel investors and later-stage support historically provided by venture capital and strategic investors.
About InnovateMass
The InnovateMass program provides up to $350,000 in grant funding and technical support to applicant teams deploying new clean energy technologies or innovative combinations of existing technologies with a strong potential for commercialization. Successful applicants will propose projects that address important energy challenges within our four focus areas, help to grow the state’s clean energy economy, and contribute to Massachusetts’ continued clean energy leadership.
The current round of InnovateMass grant funding provides a “Gridtech Spotlight” opportunity to partner with a Massachusetts electric utility on a grid technology demonstration. MassCEC will award at least two Gridtech project proposals in this round. MassCEC will still consider and award non-Gridtech project proposals in this round. Please refer to the accompanying Spotlight Appendix for a list of utility project partnership opportunities and note that concept papers to project partners are due by February 17, 2025.
Funding Schedule
InnovateMass is a rolling funding program that operates under a quarterly deadline schedule. The next upcoming deadline is March 17, 2025. All applications are reviewed until program funding is exhausted.
Process Step | Approximate Timing |
---|---|
Next application deadline |
March 17, 2025 |
Notification of finalist status | Within 8 weeks of quarterly deadline date |
Pitch coaching for finalists | 1.5 to 3 months from quarterly deadline date |
Finalists pitch | 2 to 4 months from quarterly deadline date |
Final award decisions | Approximately 6 months from quarterly deadline date |
Contracting concludes; projects begin | Approximately 2 months from award notification |
Who's Eligible
Eligible applicants include climatetech startup companies.
Projects must apply as an Applicant Team, which includes a “Lead Applicant” and one or more Demonstration Project Partner(s).
For full Program details, please refer to the InnovateMass Request For Proposals (RFP)
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Application Process
This standard Program invites participation in a two-part application process:
- Submit an application
- If invited, pitch proposal to a panel of program judges
The Gridtech Spotlight component of the program entails a three-part application process:
- Submit concept papers to partners
- Submit application
- If invited, pitch proposal to a panel of program judges
For full Program details, please refer to the InnovateMass RFP.
Application Materials
Send completed application to: innovate@masscec.com
FAQs
Additional Resources
The Massachusetts Founder Network aims give Massachusetts startup founders equitable access to resources that will help their companies grow.
Learn about Incubators and Accelerators in Massachusetts.
2023 InnovateMass Awardees
Adept Materials
Awarded $206,750 with $106,350 total cost share
Adept Materials will be demonstrating its combined primer and paint system that enhances the energy efficiency, durability, and comfort of buildings with unique climate-regulating capabilities.
Amply Energy
Awarded $250,000 with $250,000 total cost-share
Amply Energy will be demonstrating their streamlined process for evaluation, design, proposal and performance of HVAC systems with heat-pump installers.
Mantel Capture, Inc.
Awarded $250,000 with $4,990,000 total cost share
Mantel Capture, Inc. will be demonstrating its molten salt-based carbon capture technology to reduce emissions from the industry sector.
SeaDeep, Inc.
Awarded $159,500 with $80,250 total cost share
SeaDeep, Inc. will be demonstrating its AI-powered subsea vision technology for monitoring of offshore assets and ecosystems.
Additional Funding Opportunities
AmplifyMass
$300,000
Rolling
Clean Energy Internship Program for Employers
$4,320/intern for Fall or Spring session; $8,640/intern for Summer session