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GFO-20-301 – BRIDGE 2020: Bringing Rapid Innovation Development to Green Energy

CA Energy Commission · 3072

Eligibility details

Open to all private, for-profit entities and individuals that have previously received a funding award from an eligible CEC program or U.S. federal agency that provides energy research for applied research of the technology identified in the proposal. The below entities are not eligible to be prime applicants: Public and private universities National Labs Utilities Private non-profit research organizations End-use customers of the proposed technology

Matching funds & resources

Source matching-funds field: 50%. Match funding is required in the amount of at least 50% of the requested grant project funds. Applicants must be able to demonstrate that they can meet the minimum match requirement. Eligible Match Funding Types The match funding must be one of the following investment types: Angel Investment Corporate Strategic Investment Foundation Investment Venture Capital Investment Examples of non-Eligible Match Funding Types Government grants ‘In-Kind’ match

Matching funds and leveraged resources are different requirements. Read the description and reviewed rules below before determining resource commitments.

About this opportunity

BRIDGE 2020 seeks to 1) help start-up companies minimize the time between when their successful publicly-funded project ends and new public funding becomes available; and 2) mobilize more early-stage capital in the clean energy space by providing non-dilutive, matching investments in promising clean energy companies alongside investors and commercial partners. This provides increased support for the most promising clean energy technologies that have already attracted interest from the market as they are developed and continue their path to market adoption. Eligible projects must fall within the following project groups: Group 1: Energy Efficiency (Total funding available: $10 million); or Group 2: Energy Storage (Total funding available: $10 million); or Group 3: Artificial Intelligence/Machine Learning/Advanced Sensing (Total funding available: $10 million); or Group 4: Advanced Power Electronics/Power Conditioning (Total funding available: $10.5 million); or Group 5: Zero- and Negative-Carbon Emission Generation (Total funding available: $10.5 million) As mentioned previously, the purpose of this solicitation is to help clean energy start-up companies bridge the gap from their previous public funding awards to private investment. As a result, this solicitation has special requirements including: Prior Funding Requirement: Projects must have previously received a funding award from the CEC or an eligible U.S. federal agency. (please see Section II.A.1. for the full list of federal agencies) Demonstrated Success: Applicants must provide documentation that they met key technical performance targets under their previous publicly funded award. Applicants are required to submit a Previous Project Evaluation Form (Attachment 14) with their proposal. Multiple Application Deadlines: There are multiple application due dates for this solicitation to provide an opportunity for applicants who have not yet secured private sector investment or do not have completed project results from their previous award to apply. Please carefully read the Key Activities Schedule (See Section I. E.) and Evaluation and Award Process (See Section IV.) portions of this solicitation. Commercialization: This solicitation requires the prime applicant to be a for-profit commercial entity with rights to the intellectual property being advanced under the proposed project. Applicants whose technology received funding while being developed at an academic institution, national laboratory, or non-profit private research institution are eligible as long as the core intellectual property resides with the applicant. Match Funding Requirement: Applicants must have received a private investment within the last 18 months for their technology. This solicitation has a 50% match funding requirement. Please carefully read the Applicant Requirements (Section II.A.1.) and the Match Funding (Section I.D.2.) portions of this solicitation.

Funding geography: Not applicable

Funding instrument: Grant. Issuing jurisdiction: California. This is not a geographic eligibility determination.