Innovation and Business Development Program

NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY Innovation and Business Development Program Find the talent, technology and capital to bring Cleantech Innovation to life It s all in New York State Assistance and infrastructure for clean energy companies to grow, from inception through commercialization

There s no place like New York State to bring your clean energy technology to market NYSERDA-supported solar electric installation, Roosevelt Island, NY The cleantech industry is a priority in New York State. Here you ll find a broad and sustained commitment, across both public and private sectors, to support innovative companies that bring new clean energy technologies to market. And it shows. The Brookings Institution has ranked New York State second in the nation for both the size and seven-year growth of its clean economy. 1 The New York State Energy Research and Development Authority (NYSERDA) Innovation and Business Development Program exemplifies that commitment. Capitalizing on more than 30 years of working with clean energy companies, the Innovation and Business Development team understands what resources you need to move from early phase development through successful product commercialization. We promote, facilitate, and support programs to ensure that cleantech companies find all the growth essentials they need right here in New York State. CAPITAL We support mentoring programs that help you navigate the funding challenge, learn to identify funding sources appropriate to each stage in your company s growth and find out what you need to do to secure financial backing. We facilitate networking programs, such as Green Capital Empire, and valuable partnerships where you can connect with grantmakers, venture capitalists and angel investors, meet peers and even potential customers. 1 Sizing the Clean Economy, M. Muro, J. Rothwell, D. Saha, The Brookings Institution, July 2011 The Path to MARKET TALENT The Cleantech Executives program creates a transition path aimed at introducing experienced executives and entrepreneurs to opportunities in the clean energy industry in New York State. Program graduates get connected to early-stage clean energy technology companies or business opportunities, fostering statewide cleantech growth in jobs and revenue. Other mentoring programs include the Entrepreneur-in-Residence program at High Tech Rochester and six clean energy business incubators. Strategically located in cleantech clusters across the State, business mentors at each incubator provide business, technical, financial, manufacturing, marketing, and strategic know-how to get early stage companies off the ground. TECHNOLOGY READINESS MARKET, TECHNOLOGY, MANUFACTURING NYSERDA has a core capability in technology and product development across energy sectors. Through a variety of programs, NYSERDA can help you develop your technology from the bench scale through commercialization. We support the industry-led New York Battery and Energy Storage Technology Consortium (NY-BEST ), the New York State Smart Grid Consortium, the Lighting Research Center, Proof-of-Concept Centers and technology testing centers for solar electric and small wind turbine blades. We can also help you access the resources of New York s economic and regional development centers. NETWORK NYSERDA supports innovative online networks such as cleantechnyconnect.com and others. NYSERDA also supports cleantech business development events, throughout the year, across the State. Through these formal and informal networks, you become a vital part of New York State s vibrant cleantech community and engage opportunities for funding, partnerships and acquisitions, market development and more. To learn more, visit nyserda.ny.gov/business-development GROWTH ESSENTIALS BUSINESS GROWTH

Innovative Offerings support cleantech companies New York State has one of the most comprehensive cleantech business ecosystems in the nation. Whether you locate your company in an incubator or elsewhere, you can take advantage of a wealth of networks, infrastructure, and programs available to you. CleantechNYconnect The online network for participants in New York State s cleantech economy. As someone who is interested in New York s cleantech community, you are part of a rich and valuable network of people and resources spanning the entire path to commercialization. CleantechNYconnect brings it all together. This online networking hub, designed for New York State s cleantech community, helps you create and maintain the connections you need. Start and participate in discussions, competitions, and projects. Get real-time information on news, trends, and industry happenings. Access a funding opportunity directory and find or post a cleantech job in New York State. Search for product and service providers in the cleantech company marketplace. You can create user and company profiles or import your LinkedIn profile. Manage your cleantech professional network in one convenient location that is focused on your business.» Visit cleantechnyconnect.com to explore or join. Entrepreneurs-in- Residence (EIR) Program Seasoned executives share experience, skills and acquired knowledge with early-stage companies. Entrepreneurs-in-Residence (EIRs) guide early stage companies through specific projects and issues, such as staffing for growth, budget management, resource planning, strategic partnering and board management. An EIR has a strong background in executive-level management at technology-based companies. The EIR program is facilitated and managed by High Tech Rochester for companies receiving NYSERDA funding or participating in other NYSERDA programs. High Tech Rochester works with each company to understand its specific needs and provides a pool of qualified EIRs who can help. Cleantech Executives Competitively selected entrepreneurs and executives learn about the unique aspects of the cleantech industry. The Cleantech Executives program creates a transition path aimed at introducing experienced executives and entrepreneurs to opportunities in the clean energy industry in New York State. Program graduates get connected to early-stage clean energy technology companies or business opportunities, fostering statewide cleantech growth in jobs and revenue. Executed by New York University School of Professional Studies, ACRE s Clean Start Program is the first of its kind in NYC for professionals who want to transition to the clean energy sector. Executed by Skidmore College, the New York Executive Clean Energy Leadership Program (NY EXCEL) competitively selects entrepreneurs and executives to learn about the markets, financing models, permitting requirements, technology solutions, and other unique aspects of the cleantech industry. NY EXCEL helps participants build networks and provides direct, one-on-one mentoring, ultimately resulting in new cleantech businesses in New York State poised for success. To learn more, visit nyserda.ny.gov/business-development As a participant, you can build networks and receive direct, one-on-one mentoring, ultimately resulting in a new cleantech business in New York State poised for success. The Path to MARKET Capital Talent Market, Technology, Manufacturing Network

Innovative Offerings continued Proof-of-Concept Centers Turning promising inventions into viable start-ups. NYSERDA funds Proof-of-Concept Centers to move promising inventions out of the lab and into the market, focusing on the creation of viable new start-up companies. Proof-of-Concept Centers identify clean energy technologies that are most likely to spawn successful new businesses, drawing from the innovations in their final stages of development at world-class research facilities across the State. Clients receive mentoring and resources to validate their technology and take the next step to commercialization: creating a start-up company in an incubator or other location. Proof-of-Concept Centers include Columbia University in the city of New York, the Polytechnic Institute of New York University (NYU-Poly) and High Tech Rochester. Directed Energy UB Office of Science, Technology Transfer and Economic Outreach (STOR) Clean Energy Business Incubators NYSERDA is a funding partner for six clean energy business incubators across New York State. Each incubator is strategically located in the heart of a cleantech cluster for easy access to market, talent and technology support. In just over two years, more than 111 clients in these six incubators raised $88 million in private funds, introducing 89 new cleantech products to market. Incubator tenants have ready access to a network of mentors and service providers who understand the start-up and early stage company experience. Incubators can help you develop your business plan and financial model, provide legal and tax services, offer sales and marketing assistance and much more. Incubators affiliated with world-class universities connect you with faculty, development and testing labs, student interns and other resources. You benefit from networking events, workshops and skills enhancement boot camps. Every day, you can share experiences, challenges, solutions and contacts with fellow residents. Most offer low-cost office space, as well as virtual incubator services. High Tech Rochester Proof-of-Concept Center NYC ACRE» New York City Accelerator for a Clean and Renewable Economy Creating climate and energy solutions in NYC Tenants at NYU-Poly s NYC ACRE create technologies to improve the urban environment. In the heart of Manhattan s SoHo district, they are developing solutions for energy storage, building systems, sustainable architecture and design, green roofs, advanced metering, transportation systems, lighting, water management, urban food systems, waste-to-energy and much more. LIHTI» Long Island High Tech Incubator Promoting clean energy technology on Long Island LIHTI at Stony Brook is one of the nation s top-rated mixed-technology high-tech incubators, helping young Long Island companies grow through a variety of support resources and services. It has successfully graduated more than 40 companies since its founding in 1992. iclean Incubators for Collaborating and Leveraging Energy and Nanotechnology iclean» Incubators for Collaborating & Leveraging Energy and Nanotechnology Developing clean energy through nanotechnology At the College of Nanoscale Science and Engineering in Albany, the iclean incubator serves emerging companies developing clean energy technologies that are enabled by nanotechnology. Sectors include advanced photovoltaics, biomass, energy efficiency, energy storage, environmental sensors, smart grid, wind and more. iclean is located in New York s Tech Valley, which encompasses the Capital Region, Hudson Valley, Mohawk Valley and parts of the North Country. The Clean Tech Center» at the Tech Garden in Syracuse Fostering energy innovation in Central New York The Clean Tech Center at the Tech Garden in Syracuse supports companies commercializing gridrelated clean energy technology. Working with a team of advisors, early-stage companies reach investment-ready status through a customized incubation and acceleration process. RIT Venture Creations» at Rochester Institute of Technology Cultivating clean technology in Rochester Cleantech companies at RIT Venture Creations are developing new technologies for wind turbines, photovoltaics and biofuels, as well as solutions for data center cooling, energy metering and monitoring, smart grid connectivity, energy harvesting and treatment of hydrofracking water. Directed Energy» UB Office of Science, Technology Transfer and Economic Outreach (STOR) Building energy companies in Western New York Directed Energy facilitates the emergence and growth of an alternative energy technology and business cluster in Western New York. This virtual incubator program, managed by the University at Buffalo STOR, brings together a broad range of technology and business assets in the region. It supports early stage companies developing products for bio, geothermal, hydro, solar and wind energy. RIT Venture Creations Rochester Institute of Technology The Clean Tech Center The Tech Garden in Syracuse The Polytechnic Institute of New York University, Proof-of-Concept Center Columbia University Proof-of-Concept Center LIHTI Long Island High Tech Incubator NYC ACRE New York City Accelerator for a Clean and Renewable Economy In just over two years, more than 111 clients in these six incubators raised $88 million in private funds, introducing 89 new cleantech products to market.

NYSERDA supports clean energy Innovation in New York NYSERDA s portfolio of R&D programs provides a vehicle for New York State s focus on a cleantech future. We work collaboratively with businesses, academia, industry, the federal government, the environmental community, public interest groups, and energy market participants to promote investment in emerging clean energy technologies. The R&D program supports the development and commercialization of clean energy products and processes in New York State, enabling clean energy companies to get to market in the State sooner, as well as contribute to the growth of renewable and clean energy industry clusters. As a result of NYSERDA s technology and business development investments, there are more than 200 new and improved clean energy products in the market, in all end-use energy sectors. An integral part of NYSERDA s broad initiative to promote R&D, the Innovation and Business Development program contributes to the robust infrastructure required for cleantech businesses to grow in New York State. We re making sure that you ll find the talent, technology, and capital you need to bring your cleantech innovation to market and help build a strong and thriving business. With New York State s central location, wealth of resources including NYSERDA, unequalled network of colleges and universities, and our diverse, innovative, educated and hard-working residents, New York State is a premier place for businesses to invest and grow. To learn more, visit nyserda.ny.gov/business-development or email business-development@nyserda.ny.gov NYSERDA-supported photovoltaic installation, Brooklyn, NY About NYSERDA New York State Energy Research and Development Authority (NYSERDA), a public benefit corporation, offers objective information and analysis, innovative programs, technical expertise and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce their reliance on fossil fuels. NYSERDA professionals work to protect our environment and create clean-energy jobs. NYSERDA has been developing partnerships to advance innovative energy solutions in New York since 1975. RD-EUAI-ibdov-br-1-v2 1/15