New Energy Technology (NET) Program
{btop.gif (878 bytes)} Program Description
The purpose of the New Energy Technology (NET) program is to harness the creative talents that have always abounded in Connecticut to develop the most innovative energy-saving and renewable energy technologies and to aid you in getting them to the market. The intent of the program is to save energy, to improve air quality, and to help invigorate Connecticut's economy by creating employment opportunities.
Grants are awarded to applicants who submit promising Connecticut technologies. In addition to the grant, guidance is provided to recipients to find technical and financial assistance. This could include locating potential industry partners and/or identifying and applying for other state and federally sponsored programs. Although additional assistance is not guaranteed, these programs are potential sources of aid, such as: low-interest loans, grants, business-plan development, marketing assistance and possibly procurement opportunities. The New Energy Technology Grants have been given for the past ten years to help small firms commercialize new energy related technologies. These grants provide $10,000 each for up to five small firms.
WHO SHOULD APPLY? Any Connecticut resident or any company located in Connecticut that has 30 or fewer employees and has a technology which:
- Saves energy or facilitates the use of a renewable energy resource;
- Has not been commercialized. OPM is looking for products which are in the prototype development stage or have been manually fabricated in limited quantities.
Previous award recipients have used the grant funds for product development, prototype testing, patent application, business plan development, payroll, and product marketing and promotion at trade shows. Note that we are not looking to fund experiments, unless they are part of a new and innovative use of a technology.
For Further Information, Contact:
John Ruckes, (860) 418-6384; john.ruckes@po.state.ct.us
{btop.gif (878 bytes)} Program Objective Statement
The New Energy Technologies (NET) program is a part of the federally approved State Energy Program that assists small businesses involved in innovative energy conservation and renewable energy technologies to move technology toward commercialization.
{btop.gif (878 bytes)} Eligibility
Any individual residing in Connecticut or a Connecticut small business with 30 or fewer employees that has an innovative energy conservation or renewable energy concept or product at the pre-commercialization, non-mass production stage.
{btop.gif (878 bytes)} Grant Activity
Previous awards: Average 5 awards per year.
{btop.gif (878 bytes)} Key Dates
| November |
Grant Application period opens |
| Early February |
Grant Application period closes |
| During February |
Complete Tier I review of Grant Applications |
| During March |
Complete Tier II review of Grant Applications |
| During April/May |
Mail out Grant Award Documents |
| September 30 |
Receive & review combined financial and progress report from grantee* |
| October 31 |
Submit progress report to Department of Energy* |
* Must continue to submit these reports on a quarterly basis thereafter.
{btop.gif (878 bytes)} Statutory References
Connecticut General Statutes (CGS): Sections 4- 28c, 16a - Petroleum Settlement Restitution Plans approved by the Energy and Technology and Appropriations Committees on July 1, 1993; October 26, 1995; and July 1, 1996: Public Law 94-163 (Federal), Dec. 26, 2000.
{btop.gif (878 bytes)} Regulatory References
Stripper Well Settlement Agreement, Multi-District Litigation #378 (Federal Order), Code of Federal Regulations (10 CFR 600) as amended, Code of Federal Regulations (10 CFR 420) August 30, 1983.
{btop.gif (878 bytes)} Funding Source(s)
Federal: (100%) Federal Court Order resulting from oil company overcharges (Petroleum Violation Escrow- Stripper Well) (100%).
{btop.gif (878 bytes)} Account Number
20492-124080
{btop.gif (878 bytes)} Catalogue of Federal Domestic Assistance (CFDA) Number
Not applicable.
{btop.gif (878 bytes)} General Statement of Process
Develops program guidelines and incorporates into Grant Application. Promulgates notice of grant program prospective applicants. Distributes Grant Application material. Receives completed Applications back from applicants and performs Tier 1 review. Coordinates Application review and ranking by tier two reviewers. Prepares and mails Grant Award Documents. Reviews grantee quarterly and final reports and grantee work progress and processes Cash Requests for payment. Monitors grantee work progress and makes on-site monitoring visits as appropriate. Prepares reports as required for the U. S. Department of Energy.
