Kristin Cooper

Dec 22, 20201 min

DEADLINE SOON! New York Climate Progress

$10 Million Investment Program for Climate Tech Startups

Round One - Application Deadline: January 6, 2021
 

Due Date: 04/14/2021 (Round 2)

Description

New York Climate Progress seeks to support early stage New York state climate technology companies who were on a growth trajectory before being significantly adversely affected by the impacts of the COVID-19 pandemic. New York Climate Progress, will consider proposals from companies that require financial support to extend company runway and achieve technical or commercialization objectives which will help their companies de-risk ongoing operations and future progress and survive the economic recession spurred by COVID-19.
 
Up to $500k is available per company, alongside other investments and/or cash on hand, through a short-term debt instrument providing concessionary terms to support long-term stability. New York State companies must be early stage, in market, climate technology based, and aligned with the Climate Leadership and Community Protection Act (CLCPA).

Application Submission
 
Apply Online

  • Application Instructions and Portal Training Guide [PDF]

Associated Documents
 

  • PON 4534 - New York Climate Progress [PDF]

  • Attachment A - Eligibility Questionnaire and Application Form [DOCX]

  • Attachment B - Term Sheet [PDF]

  • Attachment C - Form Note Purchase Agreement [PDF]

  • Attachment D - Form Promissory Note [PDF]

  • Attachment E - Metrics Reporting Guide [PDF]

  • Disclosure Statement [PDF]

Contact
 

  • Michael Shimazu
     
    (518) 862-1090, Ext. 3478


 

    90
    0