Cleantech Open is the world’s oldest and largest cleantech accelerator and is dedicated to providing entrepreneurs and technologists the resources needed to launch a successful cleantech company. Since launching in 2005, 68 percent of CTONE startups are still in business, employing more than 3,300 people, generating nearly $280 million in revenue, and having raised more than $650 million in funds.Ĭleantech Open Northeast is supported by National Sponsor Wells Fargo, and Regional Premier Sponsors MassCEC and NYSERDA.Ĭleantech Open Northeast is part of the global Cleantech Open accelerator and is managed by NECEC as the on-the-ground affiliate. In 2020, CTONE welcomed its largest cohort ever, with 47 startups, the majority of which were led by women, women of color, or people of color. CTONE places a particular emphasis on diversity, equity, and inclusion among its startup founders, mentors, coaches, judges, and investors, and on ventures focused on cleantech solutions for environmental justice communities. The CTONE accelerator welcomes early stage companies from eight cleantech sectors: energy generation energy distribution and storage energy efficiency green buildings and smart cities transportation agriculture, water, and waste chemicals and advanced materials and information and communications technology. The four regional winners will continue on to compete for the national grand prize at the Cleantech Open finals. In 2021, thanks to a grant from the Sire Foundation, CTONE will also add a new $10,000 prize to a carbon sequestration startup that completes the annual accelerator. The accelerator program culminates in a regional pitch competition, where startups showcase their ventures before a panel of judges that select four regional winners to each receive a $10,000 cash prize and in-kind prizes. During the program, startups will access training through webinars and business clinics, gain insight from expert mentors, and build connections with strategic investors, angel groups, venture capital firms, and more. “We are thrilled to open our 2021 application process and look forward to welcoming a diverse cohort of cleantech innovators and pioneers this year.”ĬTONE’s six month accelerator will remain virtual throughout the ongoing COVID-19 pandemic. “Cleantech Open Northeast has a strong track record of accelerating early stage ventures with unparalleled programming, education, and mentorship that helps startups launch and grow successful cleantech businesses,” said Cleantech Open Northeast Director Beth Zonis. “The 2020s must be a decade of climate action and through Cleantech Open Northeast, we are growing the ecosystem of startups driving cleantech solutions that will power our region’s transition to a just clean energy economy.” “Cleantech innovators and entrepreneurs play an important role in accelerating the technologies and services needed to help the Northeast reach its climate goals,” said NECEC President Peter Rothstein. Early stage cleantech startups based in Massachusetts, Vermont, Maine, Connecticut, Rhode Island, New Hampshire, New York, Pennsylvania, New Jersey, and Eastern Canada are encouraged to apply by April 18, 2021. CTONE accelerates cleantech innovation by helping startups develop their business models through expert education, guidance, and mentorship. BOSTON - Cleantech Open Northeast (CTONE), the region’s largest cleantech startup accelerator, opened up its 2021 application round, NECEC announced today.
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