Innovation@NYSERDA
Where climate tech gets real.
RELATED PROGRAMS
Investors
Driving transformational change in clean energy markets
New York State will be investing up to $1.2 billion over 15 years to accelerate the pace of innovation and build a world class hub for clean energy research and development and technology commercialization.
Within the Clean Energy Fund since 2017, Innovation has invested $13M in seed companies, $70M in early-stage companies and $46M in later stage companies.
Focused funding for critical change
We create value and reduce risk through:
- Climate industry innovations chosen in a competitive selection process
- R&D projects that test and accelerate solutions
- Collaborative industry forums
- Co-investment alongside industry investments
In their own words - investor interviews
Building a resilient, equitable energy system
More than 299 new and improved climate tech and clean energy solutions in six focus areas have already been commercialized, collectively generating $14 million in sales.
Investment Percentages
View details on investment distribution View details on investment distribution
Investment Percentages:
- 28% Technology to Market
- 13% Advanced Buildings
- 16% Clean Transportation
- 18% Renewable Optimization and Energy Storage Innovation
- 25% Smart Grid Systems and Distributed Energy Integration
Quality Investment
Every dollar of NYSERDA funding contributes $10 in leveraged funds and our leverage rate grew from 4.4 in 2017 to 10.3 in 2022.
View our Investor Advisory Board