Campus RepresentativesBrookhaven National LaboratoryPat Looney jlooney@bnl.gov

City University of New YorkJohn Blaho jblaho@ccny.cuny.edu

Columbia UniversityDonna See donna.see@columbia.edu

Cornell NYC TechBethany Koi ck574@cornell.edu

NYU Polytechnic School of EngineeringChris Snyder christopher.snyder@nyumc.org

Stony Brook UniversityWilliam Worek william.worek@stonybrook.edu

PowerBridgeNY is a Collaborative EffortAcross Downstate Institutions, with$10 Million in Funding fromNYSERDA

OverviewOBJECTIVE

AWARDS

ELIGIBILITYCRITERIA

SELECTIONPROCESS

Cleantech innovations from academic research labsmore and stronger cleantech businesses in New York State

Validation Phase • Up to $150K for technical proof-of-concept • Additional $ for business validation • Support from industry / entrepreneur coaches, external advisors, student teams • Milestone-based tranchesIgnition Phase • $50K for company launch & marketing

Open to Researchers at participating institutionsWithin NYSERDA’s “areas of interest”Based on University IPNot for “basic research”

First cycle: Oct 2013Pre-proposal > full proposal > pitch dayExternal judging committee (VCs, industry, entrepreneurs)Based on commercial potential

All judging is done externally by our diverse panel of Judges, which includes representatives from the government, industry, utilities, and venture capital firms.

Past Judges

Bill LeseManaging PartnerBraemar Energy Ventures

Brad PietrasVP of TechnologyLockheed Martin

Dan RobinsonSenior AssociateSJF Ventures

David Cruikshank*PartnerArch Ventures

Edward Greer*ManagerDOW Chemical Company

Jackson LehrDirectorNational Grid

Jigar ShahFounderJigar Shah Consulting

Johannes Rittershausen*Managing DirectorConvergent Energy + Power

John Freer*Manager, External Tech. InitiativesGE Research

John Lee*AnalystOsage Ventures

Josh WolfeCo-founderLux Capital

Jurij ParaszczakDirectorIBM Research

Mike Bishop*Senior AssociateBlack Coral Capital

Nancy DoonSenior ManagerSmart Grid Consortium

Rebecca Craft*Director, Energy EfficiencyConEd

Satyen Mukherjee*Chief Scientist & Senior DirectorPhillips Research

Troy DevriesDirector, Research & DevelopmentConEd

David Wells*PartnerKleiner Perkins NY

Andrea RuotoloSenior Research AssociateSmart Grid Consortium

Bradley AtwaterTechnical DirectorLockheed Martin

Frank MartinoVP, OperationsColumbia University Facilities

Margarett JollyDirector, Research and DevelopmentConEd

Barbara Kate-GarnickUndersecretary for Energy and the EnvironmentCommonwealth of Massachusetts

*Returning for Cycle 2

New Judges

We assign at least one Mentor per team. Last Cycle we had 28 Mentors (~2 per team) who came from a variety of backgrounds and may have experience with startups, industry, investing, and more.

How WePowerBridgeThe Gap

AcademicResearch

(Government Grants)

CommercialEnterprise

(Investors)Proof of Concept Funding

Access to Customers

Business Support

Mentorship/Advisors

Cycle 2 Timeline

SEP OCT NOV DEC JAN FEB MAR

SEP 29Pre-proposalapplicationopens

OCT 10Pre-proposalsdue

NOV 10Teamsnotified

JAN 12Proposalsdue

FEB 11Pitch teamsselected

MAR 4Pitch day

MAY 1Projects begin

Mentors &Advisorsassigned

Mini “boot-camp”

Cycle 1 Numbers

50Pre-

proposals

14Full

proposals

13Pitches

10Full

awardees

3Partial

awardees

OurMethodology

NSF Innovation Corps (I-Corps)

• Way to find a viable business model for a startup• Lectures and “skills labs” in combination with active

customer discovery• Focus on getting out of the building and talking to

potential customers• Awardees will be required to conduct at least 100

interviews

Business Model Canvas

• Awardees required to update monthly• Tool used to track learnings and frame

project• Completed BMC will serve as basis for

investor pitch and business plan

Sample Evaluation Criteria Will Include…

Technical feasibility and benefits

Energy savings or

amount of renewable

energy produced

Demonstrated early-

stage proof-of-principle

Ability to execute within

available budget (indirect

cost rate included)

Qualifications of the team

Commercial potential

Market need and size

Competitive landscape

Innovativeness of the

proposed solution

Strength of intellectual

property

Feedback from mentor

Commitment of the team

Guidelines on “Eligible Technologies” Within NYSERDA’s Areas of Interest*

CURRENTLY ELIGIBLE CURRENTLY NOT ELIGIBLE

Transportation

Fuel Production

Fuel Delivery

Buildings

Energy Storage

Electricity Generation

Electricity Delivery & Management

Nuclear

Compressed Natural Gas & LNG

Hydrofracking

Clean Coal

*An in-depth list of eligible technologies is available on the

powerbridgeny.com “Apply” tab. Please email the Campus

Rep for your institution if you are unsure of your eligibility.

CurrentAwardees

Jia WangBrookhaven National LaboratoryHigh-performance, low-cost gas diffusion electrodes for fuel cells and electrolyzers

Yingchao (Alex) YuCornell UniversityAdvanced Li-ion battery anode material with 3X capacity, 4X lifetime, 3X charging rate, reduced cost

Alan LyonsCUNYAntireflective superhydrophobic self-cleaning films: Reliable materials to increase efficiency of solar panels

Mariusz BojarskiNYU Polytechnic School of EngineeringResonant power inverters optimized for highly efficient wireless charging of electric vehicles

Saeed JazebiNYU Polytechnic School of EngineeringHIGHEST (HIGH Efficiency Shielded Toroidal) Transformers to help distribution network operators for saving energy

Marc Diaz-AguiloNYU Polytechnic School of EngineeringCable transient ampacity (C.TrAm) software to monitor temperature of electric cables

Yiannis AndreopoulosCUNYBattery replacement module for HVAC sensors

John KymissisColumbia UniversityPlugSTRATE: A low cost, wireless monitor for energy use analysis

Roger AndersonColumbia UniversityUsing machine learning to reduce electricity lost in T&D of electricity for utilities, microgrids, and in buildings

Kartik ChandranColumbia UniversityIncreasing energy efficiency of wastewater treatment facilities

CurrentAwardees(continued)

Alan WestColumbia UniversityChemicals and fuels from electricity and CO2

Genggeng QiCornell UniversityPilot production of high-efficiency sorbents for cost-effective carbon capture

Lei ZuoStony Brook UniversityVibration energy harvester to power trackside electrical railroad infrastructures more efficiently and inexpensively than incumbents

Mutual Expectations for Awardees

Note: all funding will be released based on successful interim

tech & business project milestones

What we expect from you…

What you can expect from us…

Technical Business

• Develop initial prototype• Targeted experiments to

de-risk the technology• Conduct in-field testing

• Mentors & coaches• Funding for tech

Development• Access as needed to: - Student teams for design & prototyping - Built environments for testing prototypes• Funding for: - Conference travel & fees - SBIR/STTR assistance

• Market assessment• Competitive landscaping• 100 customer interviews• Business plan development• Develop commercial “pitch”• Talk to potential investors• SBIR/STTR application (if

relevant)• Identify entrepreneurial lead

• Mentors & coaches• Financial support in addition to Project Funds for business and external assistance• Access as needed to: - Student teams for business & marketing support - Educational panels & boot camps - Networking w/ VCs, industry, entrepreneurs - Subsidized tax, law, accounting

Teams that complete all

milestones and establish a

company in New York State

will be eligible to apply for

$50K Ignition Grants.

A Month in the Life

• EL spends 40-60 hours on the project• Conduct 10-15 customer interviews• Update Business Model Canvas based

on interviews• Annotate changes for discussion at

monthly meetings• Meet once with Director to discuss both

technical and business milestone progress

• Attend a Skills Lab or other required event (usually about an hour)

• Work with Mentor at least 4-5 hours• Work on preparing quarterly reports

FAQ What do I have to do to apply?• File an invention report with your home

institution’s tech transfer office• Complete the 2-page pre-proposal (available

in Fall 2014)

Is there a bias towards short-term vs. long-term projects?• No preference, as long as milestones are

met

What does PowerBridgeNY expect in return for funding?• No equity stake nor revenue share for • No impact on the intellectual property

ownership

Can a PI apply with more than one application?• Yes, but if more than one pre-proposal is

invited to submit a full proposal, we will ask the PI to select which project he or she would like to move forward with

Are there any restrictions on the use of funds?• 35% indirect cost rate• No subcontracts in excess of 1/3 of the total

project budget• Can be used for facility fees and services,

though PBNY will work to subsidize these costs• Not intended for capex equipment >$20K

• Leasing large equipment is acceptable• All equipment purchased will be the

property of the home institution• Not intended for marketing materials (e.g. sales

brochures) or legal fees – these are for ignition grant

What if a project is not selected as one of the final awardees? Can the team reapply?• Yes, if feedback is addressed

Where can I find more information?• www.powerbridgeny.com/apply

• Application materials• www.powerbridgeny.wikispaces.com

• Process information

Institution

Brookhaven National Laboratory

City University of New York

Columbia University

Cornell NYC Tech

NYU-Poly

Stony Brook University

Campus Rep

Pat Looney

John Blaho

Donna See

Bethany Koi

Chris Snyder

William Worek

Campus Rep Email

jlooney@bnl.gov

jblaho@ccny.cuny.edu

donna.see@columbia.edu

ck547@cornell.edu

christopher.snyder@nyu.mc.org

William.worek@stonybrook.edu

Tech Transfer Website

www.bnl.gov/techtransfer

www.cuny.edu/research/ovcr/tco.html

www.techventures.columbia.edu

www.cctec.cornell.edu

Oil.med.nyu.edu/faculty-students

www.stonybrook.edu/research/otlir

Sign up to receive updates by emailing your Campus Representative or visiting www.powerbridgeny.com/contact