New York State Innovation Fund

New York State Innovation Fund is sponsored by New York State Energy Research and Development Authority (NYSERDA). Funds NY small businesses developing advanced biotech and medtech solutions, including sustainable implantable drug delivery technologies. This program should be reviewed carefully against your organization's mission, staffing capacity, timeline, and compliance readiness before you commit resources to a full application. Strong submissions usually translate sponsor priorities into concrete objectives, clear implementation milestones, and measurable public benefit.

For planning purposes, treat rolling deadlines or periodic funding windows as your working submission target unless the sponsor publishes an updated notice. A competitive project plan should include a documented need statement, implementation approach, evaluation framework, risk controls, and a realistic budget narrative. Even when a grant allows broad program design, reviewers still expect credible evidence that the proposed work can be executed within the grant period and with appropriate accountability.

Current published award information indicates $50,000 - $250,000 Organizations should verify the final funding range, matching requirements, and allowability rules directly in the official opportunity materials before preparing a budget. Finance and program teams should align early so direct costs, indirect costs, staffing assumptions, procurement timelines, and reporting obligations all remain consistent throughout drafting and post-award administration.

Eligibility guidance for this opportunity is: Small businesses in New York State If your organization has partnerships, subrecipients, or collaborators, define responsibilities and compliance ownership before submission. Reviewers often look for implementation credibility, so letters of commitment, prior performance evidence, and a clear governance model can materially strengthen the application narrative and reduce concerns about delivery risk.

A practical approach is to begin with a focused readiness review, then build a workback schedule from the sponsor deadline. Confirm required attachments, registration dependencies, and internal approval checkpoints early. This reduces last-minute issues and improves submission quality. For the most accurate requirements, always rely on the official notice and primary source links associated with New York State Innovation Fund.

Research & Development Funding - NYSERDA Evaluate & Manage Your Energy Use Energy Assessments & Benchmarking Build Your Energy Strategy Strategic Energy Management Operations & Maintenance Training Energy Management Products Energy Efficient Solutions See All Energy Evaluation & Management Programs Geothermal Heating & Cooling Multi-Property & Campus Solutions Improve Indoor Air Quality Seal & Insulate Your Building See All Heating & Cooling Programs Decarbonize Your Building EVs and Charging Stations See All Building and Business Programs Opportunities by Industry Offices & Professional Services See All Building & Business Programs Opportunities by Building Type New Construction & Development Campuses & Multi-Building Properties See All Building & Business Programs Offers for Your Landlords or Co-ops Choosing an Apartment/Condo Tips for Renters & Condo Owners Income-Eligible Households See All Apartment & Condo Programs Lower Your Home’s Carbon Footprint Electric Vehicles & Charging See All Low-Carbon Home Programs Local Contractors & Resources Improve Indoor Air Quality See All Heating & Cooling Programs Income-Eligible Households Funding for Home Improvements See All Income-Eligible Programs Offers for Your Landlords or Co-ops Choosing an Apartment/Condo Tips for Renters & Condo Owners See All Apartment & Condo Programs Products & Appliances Tips Plan for Home Improvements Home Equipment Replacement Improving Comfort & Efficiency See All Residential Programs Renewables & Transportation Renewables & Transportation Large-Scale Renewable Solicitations Clean Energy Siting for Communities See All Renewable Programs Available Rebates & Eligible Models Transition Your Fleet Vehicles Benefits of Switching to EVs Information for Vehicle Dealers Install a Charging Station See All Charging Station Programs See All Resources for Drivers Transit & Other Mobility Options Clean Mobility Technologies Clean Transportation Reports & Guides Funding for Public Transit Systems Electrifying Infrastructure See All Transit & Other Mobility Programs Explore Careers in Clean Energy Paths to Degrees & Certifications Support for Underserved Communities Climate Justice Fellowship Funding for Community-Based Programs Hiring Disadvantaged Community Populations Workforce Development & Training See All Underserved Community Programs Clean Energy Entrepreneurs Mentoring & Expert Advice See All Clean Energy Entrepreneur Programs Expand Your Clean Energy Offerings See All Training Programs State Policy & Community Solutions State Policy & Community Solutions Other Policies & Local Laws NYSERDA Strategic Outlook See All New York Climate Laws Support for Underserved Communities Resources for Community Organizations See All Underserved Community Programs Solutions for Municipalities Power Plant Redevelopment See All Municipality Programs Transit & Other Mobility Options E-Mobility Technologies & Innovation Clean Transportation Reports & Guides Funding for Public Transit Systems Electrifying Infrastructure See All Transit & Other Mobility Programs Community-Scale Renewables & Clean Energy Siting Siting for Renewable Projects Transitioning Underused Spaces Agricultural & Clean Energy Development Economic Development & Innovation Investment in Clean Energy Investor and Venture Capital See All Investment Programs End-Use Innovation for Buildings See All Clean Tech Solution Programs Mentoring & Expert Advice See All Entrepreneur & Startup Programs Clean Energy Industry Report Evaluate & Manage Your Energy Use Energy Assessments & Benchmarking Build Your Energy Strategy Strategic Energy Management Operations & Maintenance Training Energy Efficient Solutions See All Energy Evaluation & Management Programs Geothermal Heating & Cooling Multi-Property & Campus Solutions Improve Indoor Air Quality Seal & Insulate Your Building See All Heating & Cooling Programs Decarbonize Your Building EVs and Charging Stations See All Building and Business Programs Opportunities by Industry Offices & Professional Services See All Building & Business Programs Opportunities by Building Type New Construction & Development Campuses & Multi-Building Properties See All Building & Business Programs Offers for Your Landlords or Co-ops Choosing an Apartment/Condo Tips for Renters & Condo Owners Income-Eligible Households See All Apartment & Condo Programs Lower Your Home’s Carbon Footprint Electric Vehicles & Charging See All Low-Carbon Home Programs Local Contractors & Resources Improve Indoor Air Quality See All Heating & Cooling Programs Income-Eligible Households Funding for Home Improvements See All Income-Eligible Programs Offers for Your Landlords or Co-ops Choosing an Apartment/Condo Tips for Renters & Condo Owners See All Apartment & Condo Programs Products & Appliances Tips Plan for Home Improvements Home Equipment Replacement Improving Comfort & Efficiency See All Residential Programs Renewables & Transportation Large-Scale Renewable Solicitations Clean Energy Siting for Communities See All Renewable Programs Available Rebates & Eligible Models Transition Your Fleet Vehicles Benefits of Switching to EVs Information for Vehicle Dealers Install a Charging Station See All Charging Station Programs See All Resources for Drivers Transit & Other Mobility Options E-Mobility Technologies & Innovation Clean Transportation Reports & Guides Funding for Public Transit Systems Electrifying Infrastructure See All Transit & Other Mobility Programs Explore Careers in Clean Energy Paths to Degrees & Certifications Operations & Maintenance Teams Support for Underserved Communities Climate Justice Fellowship Funding for Community-Based Programs Hiring Disadvantaged Community Populations Workforce Development & Training See All Underserved Community Programs Clean Energy Entrepreneurs Mentoring & Expert Advice See All Clean Energy Entrepreneur Programs Building Operations & Facility Managers Expand Your Clean Energy Offerings See All Training Programs State Policy & Community Solutions Other Policies & Local Laws NYSERDA Strategic Outlook See All New York Climate Laws Support for Underserved Communities Resources for Community Organizations See All Underserved Community Programs Solutions for Municipalities Power Plant Redevelopment See All Municipality Programs Transit & Other Mobility Options E-Mobility Technologies & Innovation Clean Transportation Reports & Guides Funding for Public Transit Systems Electrifying Infrastructure See All Transit & Other Mobility Programs Community-Scale Renewables & Clean Energy Siting Siting for Renewable Projects Transitioning Underused Spaces Agricultural & Clean Energy Development Investment in Clean Energy Investor and Venture Capital See All Investment Programs End-Use Innovation for Buildings See All Clean Tech Programs Mentoring & Expert Advice See All Entrepreneur & Startup Programs Clean Energy Industry Report Pick a topic, get updates!

Research & Development Funding Capital, expert guidance, and go-to-market support. Back to Innovation at NYSERDA NYSERDA Innovation & Research awards competitive funding through focus-area-specific Program Opportunity Notices (PONs) to support the development of innovative cleantech solutions that address critical energy challenges.

These monetary awards accelerate the creation and demonstration of high-impact energy technologies that drive New York’s clean energy future. Explore some of the solicitations currently available related to our Research and Development programs: PON 3982: On-the-Job Training for Energy Efficiency and Clean Technology Please note: This page is updated periodically.

For the latest information, explore all current NYSERDA funding opportunities below. All NYSERDA Funding Opportunities Funding Opportunity Focus Areas NYSERDA’s Innovation & Research program is designed to impact the market and help with New York’s energy transformation.

We’re especially interested in four key areas of research: Advanced Fuels & Thermal Energy Research, End-Use Energy Innovation, Grid Modernization, and Power Generation and Storage. Advanced Fuels & Thermal Energy Research Innovative solutions to build ecosystems for clean hydrogen and other low-carbon alternative fuels—from production through adoption—to decarbonize hard-to electrify sectors.

Learn More Advanced Fuels End-Use Energy Innovation End-Use Energy Innovation includes developing breakthrough technologies and strategies to improve the efficiency and sustainability of how energy is consumed in the final stages of its use by consumers.

Learn More End-Use Innovation Grid modernization involves deploying advanced sensing, communications, and control technologies to create a cleaner, more efficient, and resilient electric system less dependent on fossil fuels.

Learn More Grid Modernization Power Generation & Storage Power Generation and Storage includes solutions and products related to the process of harnessing energy resources—most frequently as electricity—and innovations for storing energy for use at a later time.

Learn More Power Generation and Storage Power Your Innovation with NYSERDA Whether you’re developing a breakthrough idea or scaling a proven solution, NYSERDA is here to help turn potential into impact.

Connect With Us to Learn More New York State Energy Research and Development Authority NYSERDA offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. A public benefit corporation, NYSERDA has been advancing energy solutions and working to protect the environment since 1975.

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