New York Clean Transportation Prizes Program
Overview
The New York Clean Transportation Prizes program is an $85 million initiative administered by the New York State Energy Research and Development Authority (NYSERDA) to electrify transportation, reduce air pollution, and enhance clean mobility in disadvantaged communities in New York State. The program awards grand prizes through three distinct competitions: the Clean Neighborhoods Challenge, the Electric Mobility Challenge, and the Electric Truck & Bus Challenge. It is funded by investor-owned utilities through New York State's EV Make Ready program. The program is not a traditional investment fund but a government-sponsored grant competition to support projects aligned with the state's climate goals.
Portfolio Companies
1
Website
nyserda.ny.govInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Revel | Nov 2022 | Grant | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is New York Clean Transportation Prizes Program based?
New York Clean Transportation Prizes Program is headquartered in New York.
When was New York Clean Transportation Prizes Program founded?
Founding year information for New York Clean Transportation Prizes Program is not publicly available.
How many portfolio companies does New York Clean Transportation Prizes Program have?
New York Clean Transportation Prizes Program has 1 portfolio company in Caplight's dataset.
What are some companies in New York Clean Transportation Prizes Program's portfolio?
Portfolio companies visible on Caplight include Revel.
What was New York Clean Transportation Prizes Program's most recent investment shown here?
New York Clean Transportation Prizes Program's most recent investment in this portfolio sample was in Revel in 2022.
What sectors does New York Clean Transportation Prizes Program focus on?
New York Clean Transportation Prizes Program focuses on Consumer & Commerce.
What company stages does New York Clean Transportation Prizes Program focus on?
Stage focus information for New York Clean Transportation Prizes Program is not publicly available.