FUNDING OPPORTUNITIES
Commercialization Competition
As part of the Jeff Lawrence Innovation Fund, FuzeHub holds an annual Commercialization Competition. Companies throughout New York State compete to demonstrate the commercialization potential of their technology or product, with an opportunity to win up to $50,000.
This competition is intended to help small and medium (SME) size manufacturing and technology companies further develop their prototype in an effort to pursue additional investment and customers as well as strengthen their “go-to-market” strategies, as they move from new product/production method to marketplace.
This competition is intended to help small and medium (SME) size manufacturing and technology companies further develop their prototype in an effort to pursue additional investment and customers as well as strengthen their “go-to-market” strategies, as they move from new product/production method to marketplace.
Latest News & Updates
- Commercialization Competition application period is now closed. Finalists will be notified in October.
As part of the Jeff Lawrence Innovation Fund, FuzeHub will hold its fifth New York State Commercialization Competition on November 8 & 9, 2021. Finalists will compete in person at the Turning Stone Resort, in Verona, NY, during the New York State Innovation Summit. Learn more about the program’s financial instrument, the Simple Agreement for Future Equity (SAFE), by watching the video clip taken from the info session held on July 7.
Commercialization Competition
2021 Info Session
Eligibility
Companies will compete to demonstrate the commercialization potential of their technology or product and can win up to $50,000. This competition is intended to help small and medium (SME) size manufacturing and technology companies further develop their prototype in an effort to pursue additional investment and customers as well as strengthen their “go-to-market” strategies, as they move from new product/production method to marketplace.
- Applicants must be available to pitch in person November 8-9, 2021.
- Applicants must propose to fund activities to improve upon an existing tangible prototype and/or improve upon their “go-to-market” strategy.
- Applicants must have a clearly defined plan to commercialize the prototype product/process.
- Company must be located in New York State.
- Company will need to be registered with Dun & Bradstreet, and have an eligible North American Industry Classification System (NAICS) code – specific to manufacturing – identified in their D&B profile.
Deadlines
Application Open:
August 2, 2021
Application Deadline:
August 31, 2021
Finalists Notified:
October 2021
Igniting Possibilities
Funding early stage companies positioned to make the world a better place
FuzeHub is the go-to resource for startup, small, and medium-size manufacturers and technology companies in New York State. We provide thoughtful guidance and access to an extensive network of program and funding solutions.
