Another $12m for SunShot initiative


Hardware projects can apply for up to $500,000 towards developing concepts into early stage prototypes, up to $1 million for taking early stage prototypes to full versions and up to $4 million for the manufacturing and equipment costs needed to fund pilot-scale production of full prototypes.

The program's continuing war on soft costs will entail offering up to $500,000 from the $12 million for taking a concept of technologies to reduce such expenses to the customer trial stage and up to $2 million for full commercialization of such innovations.

Applicants have until April 30 to apply for funding.

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Since 2007 the SunShot Incubator has seen the creation of more than 50 startups and new business units which have gone on to attract more than $1.7 billion in follow-up funding and have created more than 750 jobs.

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