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January 23, 2024 | Tom Ballard

New accelerator focused on battery technology start-ups

Participation in the Binghamton, NY-based accelerator is mostly remote, with select weeks of in-person participation. 

New Energy New York (NENY) has opened applications for ChargeUp, a new accelerator that will help start-ups working on battery innovations advance their technology development and their business.

The initiative is part of a $4.5 million grant awarded to NextCorps and Binghamton University from the U.S. National Science Foundation to test a replicable model for better supporting the needs of early stage, deep-tech businesses, improving the commercialization of new innovations, and strengthening economic development within region-specific technology hubs located across the U.S. The six-month 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 (OPI); 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.

Early stage companies with battery innovations anywhere in the supply chain are encouraged to apply at this link by 11:59 p.m. EST February 23. Companies accepted into the accelerator will receive $25,000, connections to investors, and opportunities for follow-on investment, including up to $100,000 for technical development. Participation in the Binghamton, NY-based accelerator is mostly remote, with select weeks of in-person participation for instructional workshops and pitches to investor groups.

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