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Nj Clean Tech R&D Voucher

Nj Clean Tech R&D Voucher

New Jersey CSIT
LOCATION & INDUSTRIES
AMOUNT

Up to $40,000

OWNERSHIP REQUIREMENTS
DEADLINE

Rolling

ABOUT THE GRANT

The New Jersey Clean Tech Research and Development (R&D) Voucher Program provides early-stage New Jersey based clean technology companies with vouchers of up to $40,000 to subsidize access to research and development equipment, facilities, and makerspaces at participating "core facilities" across the state. Administered by the New Jersey Commission on Science, Innovation and Technology (CSIT) in collaboration with the New Jersey Economic Development Authority (NJEDA), the program is designed to accelerate development and innovation of clean technologies, helping companies transform research stage discoveries into commercially viable technologies that attract industry and investor interest. Eligible target areas include chemicals and advanced materials, energy distribution and storage, energy efficiency, energy generation, green buildings, transportation, waste processing, and water and agriculture.

Funds are paid directly to participating core facilities (which include New Jersey based colleges and universities, federal labs, NJEDA approved Strategic Innovation Centers, and approved nonprofit organizations) rather than to the business itself, and may be used for access to labs, equipment, makerspaces, and technology centers, use of facility equipment and technicians for testing and development, training to prepare for independent use of equipment, access to datasets at participating facilities, and supplies and consumables needed to operate that equipment. Applicants can apply for multiple CSIT vouchers up to a combined cap of $40,000 in any 12-month period.

To qualify, applicants must be a for-profit company authorized and in good standing to conduct business in New Jersey (nonprofits are not eligible), have no more than 50 full-time-equivalent workers, have at least one full-time worker, conduct 50 percent or more of cumulative work hours in New Jersey, generate less than or equal to $5 million in prior calendar year sales revenue (excluding grant revenue), and hold a current NJ Tax Clearance Certificate listing CSIT. Approved projects must fall within Technology Readiness Levels 1 through 7 (from basic research through full-scale prototype demonstration in a relevant environment). Manufacturing of products for sale or commercial use and real estate rental expenses are not eligible. Applications are accepted on a rolling basis as long as program funds remain available, and applicants must secure a written letter of support, agreed scope of work, and agreed budget from a participating core facility before their application is complete.

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NOTES

We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.

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