New Energy Technology Program

Summary

NOTE: Connecticut passed major legislation (SB1243) that moves responsibilities for this program from the Office of Policy and Management to the Department of Energy and Environmental Protection. The information provided below is historical and based on the program that was in effect through July 1, 2011. This incentive is no longer available.

Connecticut's New Energy Technology program aims to develop innovative energy-efficient technologies and renewable-energy technologies in order to save energy, improve air quality and generate employment opportunities in Connecticut. Grants are available to applicants who submit promising pre-commercial technologies that conserve energy or facilitate the use of renewable energy. Individual awards up to $10,000 will be awarded to as many as five "small firms" -- a firm that employs 30 or fewer people -- each year. Previous award recipients have used grant funding for product development, prototype testing, patent application, business plan development, payroll, and product marketing and promotion at trade shows.

In addition to providing grant funding, the Connecticut Office of Policy and Management (OPM) offers guidance to recipients to find additional technical and financial assistance. This assistance could include locating potential industry partners, or identifying and applying for other state and federally sponsored programs.

The following program schedule applies:

• November: Grant application period opens
• Early February: Grant application period closes
• February: Tier I review of grant applications completed
• March: Tier II review of grant applications completed
• April/May: Grant award documents mailed
• September 30: Combined financial and progress report from grant recipients received and reviewed*
• October 31: Progress report submitted to U.S. Department of Energy*

* Grant recipients submit progress reports on a quarterly basis until the grant is expended. Grant recipients are expected to submit a final report after one year, describing the project's progress and how the award has assisted the project's development.