New York Clean Transportation Prizes Program
Overview
The New York Clean Transportation Prizes program is an $85 million initiative administered by the New York State Energy Research and Development Authority (NYSERDA) to electrify transportation, reduce air pollution, and enhance clean mobility in disadvantaged communities in New York State. The program awards grand prizes through three distinct competitions: the Clean Neighborhoods Challenge, the Electric Mobility Challenge, and the Electric Truck & Bus Challenge. It is funded by investor-owned utilities through New York State's EV Make Ready program. The program is not a traditional investment fund but a government-sponsored grant competition to support projects aligned with the state's climate goals.
Portfolio Companies
1
Website
nyserda.ny.govInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Revel | Nov 2022 | Grant | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.