CSIT Now Accepting Applications for its Clean Tech R&D Voucher Program
Program Connects Emerging Companies with Amenities at NJ Universities & Federal Laboratories
TRENTON, N.J. (April 12, 2021) – The Commission on Science, Innovation and Technology (CSIT) today reminded emerging companies within New Jersey’s clean energy sector that it is currently accepting applications for its Clean Tech Research and Development (R&D) Voucher Program. The application is available at https://application.njeda.com/csit.
The $435,000 program, funded through the New Jersey Board of Public Utilities (NJBPU), is designed to help early-stage New Jersey clean technology companies more easily access resources such as specialized equipment within the Garden State. CSIT developed the program in coordination with the NJBPU and the New Jersey Economic Development Authority (NJEDA).
Through the Clean Tech R&D Voucher Program, eligible applicants will receive vouchers to subsidize the costs associated with one or more of the following services or activities in a participating New Jersey university or federal laboratory facility: use of facility equipment for testing and development, and training in preparation for independent use of the facility. Each eligible applicant can apply for multiple vouchers up to a cap of $15,000 within any 12-month period. An approved voucher will be valid for a period of three months. Specifically, the program will fund work on projects that are developing or testing clean technologies intended to recapture or avoid emissions of greenhouse gases and/or criteria pollutants, or to enable such avoidance or recapture. The following technology areas are eligible under the program: chemicals/advance materials, energy distribution/storage, energy efficiency, energy generation, green buildings, transportation, waste processing, and water and agriculture. A NJ clean tech asset map listing university and federal laboratory resources in NJ will also be available on the CSIT website.
To be eligible for the Clean Tech R&D Voucher Program, applicants must be registered to conduct business in New Jersey and must have no more than 50 full-time employees at the time of application. Additionally, 100 percent of the project work for which the voucher is being sought must be conducted in New Jersey. Full eligibility requirements can be found at http://www.njeda.com/csit.
CSIT recently hosted an informational webinar for potential applicants to the Clean Tech R&D Voucher Program. A recording of that webinar can be found at https://www.youtube.com/watch?v=VrG9PJ3XVjc&t.
In August 2018, Governor Murphy signed legislation re-establishing the former New Jersey Commission on Science and Technology as the CSIT. Comprised of representatives from the public and private sectors, as well as academia, the Commission is tasked with leading the way in promoting the state as a home for academic and technological research, development, and commercialization.
To learn more about state resources available to New Jersey entrepreneurs and early-stage companies, visit http://www.njeda.com/csit or follow @NewJerseyEDA on Twitter, Facebook, LinkedIn and Instagram.