Innovator

MassCEC acts as a connector between established and startup clean energy companies, investors, strategic corporate partners and large energy users in Massachusetts.

MassCEC supports local incubators, business accelerator competitions and other resources, job training, networking events and provides seed investments for technology companies.

Advancing Commonwealth Energy Storage (ACES) - Program Background

In 2015, the Baker-Polito Administration announced a two-phase, $10 million dollar Energy Storage Initiative (“ESI”). The ESI aims to advance the energy storage segment of the Massachusetts clean energy industry by expanding storage technology markets, assigning value to storage benefits, accelerating the development of storage technologies, and attracting and supporting energy storage companies throughout the Commonwealth.

Advancing Commonwealth Energy Storage (ACES) - How Do I Apply?

This solicitation is now closed. This page is for reference use only. 

ACES Energy Storage Demonstration Projects: The completed Application, including all required documentation, must be submitted to grid@masscec.com. “ACES Program Application” must appear in the email subject line. Please refer to the ACES solicitation and application materials for more detail on required documentation.

MAtCH-Program Background

In December 2014, MassCEC signed an MOU with the Swiss Federal Office of Energy pledging cooperation in a variety of clean energy activities including “innovation ecosystem development, including mechanisms to support cleantech start-ups, incubators and other support mechanisms, commercialization, and development and deployment of innovative technologies.” The MAtCH pilot program is a continuation of this commitment to foster a bilateral partnership.

For additional information about the MAtCH program please see the following attachments.

Investments - FAQ

What is the typical size of a MassCEC equity investment?

The average size of a MassCEC equity investment is $500,000, but investments have ranged anywhere from $100,000 - $1,500,000. Additionally, MassCEC reserves up to $250,000 per-company for aggregate follow-on investments. Our financial support is designed to decrease over time in accordance with MassCEC's follow-on policy. 

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