■ Environmental , Engineering and Transportation
Continued From Page 12 CSIT Awards Clean Tech Seed Grants for Startup R & D Efforts
The New Jersey Commission on Science , Innovation and Technology ( CSIT ) has awarded a total of $ 748,000 in seed grant funding to 10 New Jersey clean technology-focused startups through its Clean Tech Seed Grant Program . The program , which is funded by the New Jersey Board of Public Utilities ( NJBPU ), is designed to help accelerate development and innovation of clean technologies by furthering research and development ( R & D ) within New Jersey ’ s startup economy . The Clean Tech Seed Grant Program was created in partnership with the New Jersey Economic Development Authority ( NJEDA ).
The awardees are each working on projects that involve developing or testing clean technologies intended to recapture or avoid emissions of greenhouse gases and / or criteria pollutants , or to enable such avoidance or recapture . Funding through the program will help the startups continue their work toward the proof of concept and prototyping stages , at which point they can more readily attract outside investors and , in some cases , begin to generate revenue . The funding is being provided through NJBPU ’ s Clean Energy Program .
“ Under Governor Murphy ’ s leadership , New Jersey is recapturing its role as a leader in innovation in a diverse , inclusive and equitable manner ,” says NJEDA CEO Tim Sullivan . “ As we begin to see success stories that result from the funding , we look forward to watching the impact these companies will have both on the international stage and here at home as they expand their footprint and create high-paying jobs .”
In January 2020 , Governor Murphy unveiled the state ’ s Energy Master Plan , which outlines key strategies to reach the Administration ’ s goal of 100 percent clean energy by 2050 . In May 2018 , Governor Murphy ’ s Executive Order No . 28 directed the NJBPU , in partnership with other state agencies , to develop this statewide clean energy plan and shift away from energy production that contributes to climate change . The Energy Master Plan laid out ways to fuel the clean technology economy through workforce training , investments in developing clean energy knowledge and the growth of worldclass R & D .
“ Building and strengthening New Jersey ’ s clean energy economy has been a priority for Governor Murphy throughout his Administration as we work to reduce the state ’ s dependence on fossil fuels ,” says NJBPU President Joseph L . Fiordaliso . “ NJBPU is proud to support the Clean Tech Seed Grant Program and to fund early-stage companies that are developing vital technologies to achieve this goal . Startups within our innovation economy play a key part in creating clean technologies that will enable us to reach the governor ’ s goal of 100 percent clean energy by 2050 .”
NJEDA CEO Tim Sullivan
Murphy Administration Invests $ 386M in Water Infrastructure
In the Murphy Administration ’ s continuing commitment to infrastructure investments that enhance public health , protect the environment and create green jobs , the New Jersey Infrastructure Bank ( I-Bank ), working in
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