New Energy New York opens call for battery start-ups
Ateios Systems, a member of the 2022 cohort of the "Innovation Crossroads" program at ORNL, was a previous participant.
New Energy New York (NENY) has opened applications for the third cohort of ChargeUp.
The six-month accelerator program is designed to support start-ups working on battery innovations in order to help them advance their technology development and business. U.S. companies that are working on battery innovations from lab-scale prototype to early revenue are encouraged to apply. Companies accepted into the accelerator will receive $25,000 (non-equity), training on business development and investor pitches, connections to supply chain partners, and opportunities for follow-on investment.
The third round of the program follows the success of the two previous cohorts of companies, including Ateios Systems, a member of the 2022 cohort of the “Innovation Crossroads” program at Oak Ridge National Laboratory, as well as Fermi Energy, Standard Potential, Cellec Technologies, and LiBama Power.
The initiative is part of a $4.5 million grant awarded to NextCorps from the U.S. National Science Foundation (NSF-2334103) to test an accelerator model focused on technology commercialization for early-stage, deep-tech businesses while strengthening economic development within region-specific technology hubs located across the U.S. The accelerator is based on curriculum and learnings from two of NextCorps’ proven accelerators: Luminate, the world’s largest accelerator for start-ups developing technologies enabled by optics, photonics and imaging, and the Manufacturing Accelerator, which helps early-stage companies reduce the risk, waste and cost associated with getting hardware from prototype to mass production. The methodology used by both programs leverages university, community and industrial involvement to guide and speed the delivery of emerging technologies.
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