Get ready to meet in person at the NYS Innovation Summit at Turning Stone Resort, Nov 8-9 

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.

Latest News & Updates

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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

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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.

Finalists Have Been Selected

12 Companies have been selected to be the 2021 Commercialization Competition finalists:

AirTulip (New York)
Carapace Analytics LLC (Syracuse)
Crystal Creek Organics, Inc. (Rochester
DomCat Technologies LLC (Binghamton)
Eco-Baggeez LLC (Cazenovia)
IV Wedge LLC (Babylon)
MICROrganic Technologies, Inc. (Saratoga Springs)
Natural Beauty Breast Prosthesis, LLC (Hamilton)
PrisAM LLC (Rochester)
Pharmacoustics Technologies, LLC (Potsdam)
SensoLife LLC (Potsdam)
SunThru LLC (Scotia)

For more information, and to attend the NYS Innovation Summit and watch the finalists pitch to win the award, please go to https://nysinnovationsummit.com/commercialization-competition/

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.

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