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Administrative & Technical - Consulting & Other Services

 
Issue Date: 09/12/2019 Contract Number: PON 4150

Co-Investment Fund


Description:

Description of goods to services to be bid:

This New York State Energy Research and Development Authority (NYSERDA) Program Opportunity Notice (PON) 4150 Co-Investment Fund, seeks proposals from companies that have successfully closed investments from investors which have been previously “qualified” through NYSERDA Request for Qualifications (RFQL) 4150 Co-Investment Fund Investor Qualification. PON 4150 Co-Investment Fund makes non-dilutive matching investments directly in companies ranging from $150,000 to up to $500,000 based on a minimum 2:1 ratio of qualifying private capital investment to NYSERDA dollars. NYSERDA’s goal is to mobilize more early-stage capital in the clean energy space by providing matching investments in promising clean energy companies alongside experienced and successful investors.

If changes are made to this solicitation notification will be posted on NYSERDA’s website at:
www.nyserda.ny.gov/funding-opportunities

 

Eligibility/Qualifications Requirements/Preferences:

PON 4150 Co-Investment Fund is open to early-stage clean energy companies that meet all of the following eligibility requirements:
1. The company is based in New York State, or, if the company is not based in New York State, it must have a clear and compelling “demonstrated benefit in New York State”;
2. The company meets the clean energy definition for this solicitation;
3. The company has raised less than $20 million in private capital (not including grants or project finance capital) from investors prior to the close of the subject investment;
4. The company has successfully closed the subject investment from one or more investors which have been previously “qualified” through RFQL 4150; and
5. The company has applied for PON 4150 no more than six (6) months after successfully closing the subject investment. Eligible companies must have closed qualifying investments after March 15, 2019 or within six (6) months of the date they submit a proposal to PON 4150, whichever is later, without exception.

 

Due Date: 09/30/2021 3:00 PM

Contract Term: Up to 24 months

Location: New York State

Ad Type: General


Technical contact:     NYSERDA
Technology to Market
Albany Office
Nicholas Querques
Program Manager
17 Columbia Circle
Albany, NY 12203-6399
United States
Ph: 518-862-1090 ext.3086
Fax: 518-862-1091
Nicholas.Querques@nyserda.ny.gov

Primary Contact:     NYSERDA
Technology to Market
Albany Office
Nicholas Querques
Program Manager
17 Columbia Circle
Albany, NY 12203-6399
United States
Ph: 518-862-1090 ext.3086
Fax: 518-862-1091
Nicholas.Querques@nyserda.ny.gov

Secondary contact:     NYSERDA
Contract Management
Albany
Venice Forbes
Assistant Contract Manager
17 Columbia Circle
Albany, NY 12203-6399
United States
Ph: 518-862-1090 ext.3507
Fax: 518-862-1091
venice.forbes@nyserda.ny.gov
Secondary contact:     NYSERDA
Contract Management
Albany
Jillina Baxter
Office Manager
17 Columbia Circle
Albany, NY 12203-6399
United States
Ph: 518-862-1090 ext.3418
Fax: 518-862-1091
jillina.baxter@nyserda.ny.gov