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Third round of New York's 76West Clean Energy Competition

Staff Writer |
Governor Andrew M. Cuomo announced the 76West Clean Energy Competition is now accepting applications from emerging clean energy companies for its third round.

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76West is one of the largest competitions in the country that focuses on supporting and growing clean energy businesses and economic development, and complements "Southern Tier Soaring," the region's comprehensive strategy to generate robust economic growth and community development.

The New York State Energy Research and Development Authority administers the 76West Competition, which will accept applications through April 16, 2018.

A group of up to 20 finalists will be selected and brought to the Southern Tier next spring to meet with mentors, who will connect them with prospective local partners, industry leaders, potential sources of funding, and other resources within the region.

The finalists will then pitch their companies to a group of judges who will recommend the six winners to receive a total of $2.5 million in prizes ($1 million grand prize, one $500,000 prize and four $250,000 awards). Winners will be announced later next year.

As a condition of the award, companies must either move to the Southern Tier or establish a direct connection with the Southern Tier, such as a supply chain relationship or other strategic relationships with Southern Tier entities that create jobs.

If the companies are already in the Southern Tier, they must commit to substantially growing their business and employment in the region.

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