The FuzeHub Innovation Fund team is looking forward to the launch of our fifth Commercialization Competition, and we are excited to share that the event will return to the in-person, live pitch format. The application period will open August 2, 2021 and will close August 31, 2021 promptly at 4:00PM EST.
The Commercialization Competition 2021 webpage has helpful resources, the competition timeline, and an informative short video explaining FuzeHub’s investment requirement, the Simple Agreement for Future Equity or more commonly referred to as a SAFE. For all of the latest Commercialization Competition 2021 information, visit https://fuzehub.com/commercialization-competition/. Before submitting an application, we recommend reviewing the guidelines to ensure you have the most up-to-date version.
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. Top applicants will be considered “finalists” and invited to “pitch” to a panel of judges at the Commercialization Competition, which will be held as part of the New York State Innovation Summit at Turning Stone Resort in Verona, New York on November 8-9, 2021.
The Commercialization Competition has awarded over $1 million in funding to twenty-one New York State early-stage companies since its inception in 2017. Learn more about our competition portfolio companies and their successes at Innovation Fund Success Stories.