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76West Clean energy business competition is now accepting proposals

Staff writer |
76West, a $20 million business competition and business support program, is now accepting applications for innovative, clean-energy businesses to locate or create jobs in New York's 11-county Southern Tier.

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The competition, which includes four years of annual $1 million grand prizes, will create jobs, attract entrepreneurs and support the Governor's Reforming the Energy Vision strategy to build a clean, resilient and affordable energy system for all New Yorkers.

It is one of the largest clean-energy business competitions in the nation.

The competition consists of $10 million in dedicated prize money, and $10 million for business support, marketing and administration. Each year, 76West will distribute a total of $2.5 million in prizes, consisting of a $1 million grand prize, one $500,000 award and four $250,000 awards.

Additional support and services may also be available, including mentorship and incubator space.

The name 76West refers to a longitudinal line that passes through the Southern Tier.

The competition will run once a year from 2016 to 2019 and will be administered by the New York State Energy Research and Development Authority.

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