Bettergy Corp
Peekskill, NY
This voucher program will advance the commercialization of a new cathode for rechargeable lithium-ion batteries
Applications for Round 2 of Tech Vouchers opens July, 12, 2024!
The New Energy New York (NENY) Technical Assistance Voucher Program provides funding for startups and small and medium-sized manufacturers in the battery and energy storage sector to cover costs associated with utilizing state-of-the-art development, prototyping, testing, and certification service providers in New York State.
This program helps companies quickly develop and expand their battery and energy storage innovations and manufacturing. By minimizing costs and reducing financial burdens, the program enables rapid growth. Open to companies with at least one physical location in New York, the program provides funding to subsidize projects that need the utilization of equipment, facilities, and services from service providers within New York State as outlined in the RFP.. Service providers must be a part of the company application and willing to offer services requested during the designated timeframe of the project. Companies selected for the program, will have a portion of their eligible service provider utilization costs covered by the award funds. The Voucher Program aims to support growth by offsetting critical scaling-up expenses, thereby energizing the battery and energy storage ecosystem in upstate New York.
You can join our office hours to get your questions answered as you explore your eligibility and options for the Technical Assistance Voucher Program. Available times and dates are:
Email Senior Program Manager, Emily Marino, to get a Zoom link to the group office hour of your choice.
You submit your application (including all required documents) online and applications will be subject to a competitive review process. Additional information, meeting or site visit to the applicant site may be required. Upon application approval, a Voucher Agreement will be executed and the voucher must be utilized at a qualifying facility within 6 months. You can view the RFP for Technical Assistance Vouchers Round 2 here.
Companies developing technologies, products, or services across the entire battery supply chain, regardless of chemistry qualify, including critical materials and mining, new chemistries and components, battery cells, modules, packs and systems, battery system management, battery performance evaluation, battery applications, end of life and recycling.
No, the Vouchers are NOT available on a reimbursement basis, and will rather be used to directly pay a vendor/service provider selected by the awardee company. Voucher invoicing will be submitted by the awardee company to pay for development services including prototyping, testing, and certification services incurred through the utilization of a third-party vendor. Funds will be disbursed directly to the third-party vendor by NENY. Services and testing already rendered prior to the application due date do not qualify for the voucher program.
Some applicants will be required to provide a financial match based on the scale and size of the small and medium-sized manufacturers. Expenditures at your company, such as services rendered, personnel costs, or reagent/supplies can be counted toward your cash match but do not qualify for coverage under the voucher program.
For Track A, the employee count should include full-time employees paid for by the company at the time of application. The company employee count should include employees of any majority owned subsidiary. For Track B, the employee count should include full-time employees located in New York State paid for by the company at the time of application. The company employee count should include employees of any majority owned subsidiary, also located in New York State.
All rights to IP created under a project funded by a NENY Technical Assistance Voucher remain with the inventor organization.
Read the announcement of the round one winners for NENY’s Technical Assistance Voucher program.
This voucher program will advance the commercialization of a new cathode for rechargeable lithium-ion batteries
Bettergy was founded in 2008 to develop and commercialize innovative energy and environmental technologies, focusing on two key areas: advanced battery and fuel cell technologies for energy storage and nanopore engineered membranes technologies.
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