U-Launch Launches to Fund Clean Tech Start-Ups

An alliance of clean technology organizations launched “U-Launch“, a grant opportunity that will fund commercialization assistance for early-stage start-ups and university-originated clean energy technologies.
The U-Launch program will be jointly administered by Fraunhofer Center for Sustainable Energy Systems (CSE), the New England Clean Energy Council, the Association of Cleantech Incubators of New England (ACTION) and the Massachusetts Clean Energy Center (MassCEC).
By offering grants and venture creation services up to $100K, U-Launch focuses on enabling university clean energy technologies to progress to the commercial stage.
In addition, the program will support access to funding through venture capital partners.
Applications will be accepted on a rolling basis. The first round of grants will be awarded early in 2011. Information can be found on-line on the CSE website: www.cse.fraunhofer.org/u-launch.

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