Want some seed to prove out your idea? Well, CalSEED is back with their annual grant program to get ideas of the ground. Grants are a good source of such money because you surrender no ownership and you don’t need to pay the money back. CalSEED is focused on clean energy startups and is the easiest grant you could apply for. It is open for you to apply on March 1st. But hurry, applications close on March 11th.
CalSEED is a CEC-funded program run by the California CleanEnergy Fund (CalCEF) to help entrepreneurs with budding ideas get their seed money. The first round of the Grant is for 150K. Winners of the initial grant funds are then entered into a special CleanTech Open business plan competition for CalSEED, where they will receive mentoring and support in building a business. Winners of the CTO competition could receive an additional $600K in grant funding.
Past winners from Sacramento are Enerdapt and Lucent Optics.
It is important you are ready with your idea. Check it out
ABOUT THE AUTHOR
Thomas is the Executive Director of CleanStart. Thomas has a strong background in supporting small businesses, leadership, financial management and is proficient in working with nonprofits. He has a BS in Finance and a BA in Economics from California State University, Chico. Thomas has a passion for sustainability and a commitment to supporting non-profits in the region.