Commercialization Competition
Opens Jul 8 2024 08:00 AM (EDT)
Deadline Aug 7 2024 11:59 PM (EDT)
$50,000.00 to $150,000.00
Description

2025 Eligibility 

Companies are required to have an existing tangible prototype (for the purposes of the Commercialization Competition, a tangible prototype is the physical representation of an idea or product presented as an early sample or test model). 

* Applicants must be available to pitch in person October 29-30 in Rochester, NY.

* Applicants must propose to fund activities to improve upon an existing tangible prototype and/or improve upon their “go-to-market” strategy.

* Company must reside and operate in New York State from the time it submits the application until at least a twelve (12) consecutive month period following the award announcement, or project completion, whichever is longest; also, at least one of the founders must reside in New York State at the time of the award. Winning companies that do not comply with the residency requirement shall be obligated to return all funds to FuzeHub to be reinvested in the Commercialization Competition.

* Company must be pre-revenue (less than $100,000 in revenue).

* Company must 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. Please be advised that only the following (NAICS) codes are acceptable:

Manufacturing Sector (Any NAICS Code beginning with 3*)(see https://www.naics.com/six-digit-naics/?v=2022&code=31-33)

423510 Metal Service Centers and Other Metal Merchant Wholesalers

4841 General Freight Trucking

4842 Specialized Freight Trucking

488510 Freight Transportation Arrangement

488991 Packing and Crating

4931 Warehousing and Storage 

541330 Engineering Services

541380 Testing Laboratories

541420 Industrial Design Services

541511 Custom Computer Programming Services

541512 Computer Systems Design Services

541713 Research and Development in Nanotechnology

541714 Research and Development in Biotechnology (except Nanobiotechnology)

541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanobiotechnology and Biotechnology) 

561910 Packaging and Labeling Services

811310 Commercial and Industrial Machinery & Equipment (except Automotive & Electronic) Repair & Maintenance


The following application proposals are INELIGIBLE

* Proof-of-Concept (theories/hypotheses that have not been tested to show promise).

* New product launch for any established company with total revenue in excess of $100,000.


Commercialization Competition


2025 Eligibility 

Companies are required to have an existing tangible prototype (for the purposes of the Commercialization Competition, a tangible prototype is the physical representation of an idea or product presented as an early sample or test model). 

* Applicants must be available to pitch in person October 29-30 in Rochester, NY.

* Applicants must propose to fund activities to improve upon an existing tangible prototype and/or improve upon their “go-to-market” strategy.

* Company must reside and operate in New York State from the time it submits the application until at least a twelve (12) consecutive month period following the award announcement, or project completion, whichever is longest; also, at least one of the founders must reside in New York State at the time of the award. Winning companies that do not comply with the residency requirement shall be obligated to return all funds to FuzeHub to be reinvested in the Commercialization Competition.

* Company must be pre-revenue (less than $100,000 in revenue).

* Company must 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. Please be advised that only the following (NAICS) codes are acceptable:

Manufacturing Sector (Any NAICS Code beginning with 3*)(see https://www.naics.com/six-digit-naics/?v=2022&code=31-33)

423510 Metal Service Centers and Other Metal Merchant Wholesalers

4841 General Freight Trucking

4842 Specialized Freight Trucking

488510 Freight Transportation Arrangement

488991 Packing and Crating

4931 Warehousing and Storage 

541330 Engineering Services

541380 Testing Laboratories

541420 Industrial Design Services

541511 Custom Computer Programming Services

541512 Computer Systems Design Services

541713 Research and Development in Nanotechnology

541714 Research and Development in Biotechnology (except Nanobiotechnology)

541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanobiotechnology and Biotechnology) 

561910 Packaging and Labeling Services

811310 Commercial and Industrial Machinery & Equipment (except Automotive & Electronic) Repair & Maintenance


The following application proposals are INELIGIBLE

* Proof-of-Concept (theories/hypotheses that have not been tested to show promise).

* New product launch for any established company with total revenue in excess of $100,000.


Value

$50,000.00 to $150,000.00

Opens
Jul 8 2024 08:00 AM (EDT)
Deadline
Aug 7 2024 11:59 PM (EDT)