$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