Deadline: 6 December 2024
Are you an innovator? Do you have an emerging business or solution related to energy, climate, sustainability, or cleantech? Are you ready to take your innovation or business to the next level? Apply for the PowerNorth Virtual Incubator, a program designed to help cleantech startups develop and scale in Minnesota.
The PowerNorth Virtual Incubator is a 10-week program tailored for early-stage energy and cleantech entrepreneurs.
The program provides the resources needed to refine business plan, attract supporters and funders, identify market and first customer, and ultimately take venture to the next level.
Scope
- The weekly program includes the following areas of support and development:
- Refining your value proposition
- Defining your market and ideal customer
- Preparing for investor engagement and fundraising
- Growing your business
- Prototyping
- By the end of the program, participants will have refined their business strategies and built valuable industry connections. The program concludes with a pitch event where participants will showcase their venture to a curated audience of investors, entrepreneurial support organizations, and key partners, unlocking new opportunities for collaboration and investment.
Eligibility Criteria
- Residency: At least one member of the founding team must be based in Minnesota or the business/concept must be based in Minnesota.
- Readiness: This program is designed to support entrepreneurs across a spectrum from well-developed concepts and business frameworks to early in their market entry. You do not need to be incorporated to participate. Unfortunately, they cannot support innovators in the brainstorming and ideation phase, but their team can recommend alternative programming.
- Sector requirement: This program is for innovators, entrepreneurs, and startups working in energy, cleantech, climate, or sustainability. They are not in a position to support businesses in consumer packaged goods. (Please refer to the non-exhaustive list below for sector guidance)
- Connecting communities to renewable energy or sustainable solutions (improving access).
- Funding of sustainability, renewable energy, or cleantech (improving access and affordability).
- Renewable Energy (e.g., solar, wind, hydro, geothermal)
- Energy Storage (e.g., batteries, grid storage, energy management systems)
- Energy Efficiency (e.g., smart grids, energy-saving technologies, building efficiency)
- Transportation (e.g., electric vehicles, alternative fuels, public transit innovation)
- Circular Economy (e.g., recycling, waste management, resource recovery)
- Decarbonization of Systems (including agriculture, water, or buildings) .
- Carbon Capture and Sequestration (e.g., direct air capture, carbon credits)
- Sustainable Materials (e.g., biodegradable materials, sustainable packaging, green construction)
- Environmental Monitoring and Compliance (e.g., air and water quality monitoring, emissions tracking)
For more information, visit Grid Catalyst.
