PRESS RELEASE - Wednesday, October 16th 2024 - The Uptake Alliance is excited to announce the grant recipients from its inaugural collective of innovative startups. Edgecom Energy, energyGuard, Voltpost and itselectric were chosen for their potential to commercialize and scale their innovative climate technology solutions in New York State. The awarded startup companies will receive a total of $483,000 in grant funding to accelerate critical pilot projects, aimed at decarbonization, energy efficiency and energy cost reductions, in partnership with corporate collaborators. Read Press Release.
Uptake Alliance
Market readiness. Climate impact.
Uptake creates business development opportunities for corporations by adopting climate tech solutions. As a corporate venture development platform, we identify the most significant opportunities for decarbonization and product innovation by:
Understanding and uncovering corporate barriers to adoption of innovation.
Addressing those barriers with startups that provide the optimal solution fit.
Collaborating with both sides to achieve the highest potential for realization.
Our difference
The Uptake team, administered by ADL Ventures and supported by NYSERDA, combines experience, knowledge, and global networks in climate tech to create a statewide climate innovation platform for corporate venture development and ecosystem collaboration.
We operate at the intersection of our corporate partners and matched startup solutions to address tailored commercialization roadmaps and facilitate potential business deals.
Uptake is laser-focused on developing solutions, in tandem with the startups, that positively impact our corporate partners’ growth, reduce operational costs, and lower their carbon footprints.
As a statewide platform, we are building connections and partnerships across key economic regions in New York state and beyond.
For Corporations
Uptake helps Corporate partners stay competitive, foster innovation, access new climate tech technologies and markets, and build relationships with startups and ecosystem partners to help solve their climate tech challenges.
Uptake also provides easier access to pilot funding, business development and market intelligence resources, and statewide strategic partnerships.
For Startups
Uptake offers startups a clear pathway to bring their technology to market through a supporting Corporate partner.
In addition to providing startups with opportunity-specific tactical intelligence and financing through one or more Corporate partners, Uptake acts as a platform to access stakeholders within the New York State innovation ecosystem best suited to help startups complete their Commercialization Roadmap.
Upon successful completion of a custom-developed Commercialization Roadmap, startups will be positioned to execute a commercial agreement with the corporate partner, facilitated by Uptake.
Our community
Uptake cultivates relationships with the broader climate tech ecosystem to assist each startup in meeting the requirements of their Commercialization Roadmap.
Accelerators and Incubators are particularly valuable partners, as the services they provide are all fundamental to making Uptake’s business development support more effective.
Additionally, specific pairings with universities, municipalities, economic development agencies, and other relevant stakeholders aim to advance the startup’s needs along their Commercialization Roadmap.
Upcoming events
On our own, we’re strong. Together, we’re unstoppable. Experience the power of our community for yourself.
POWERED BY
ADL Ventures develops and launches clean infrastructure innovations. By bridging the gap between incumbents and the entrepreneurial ecosystem, we deliver the full innovation life cycle from strategy to development to launch.
SUPPORTED BY
The New York State Energy Research and Development Authority (NYSERDA) works to advance clean energy innovation and investments to combat climate change, improve the health, resiliency, and prosperity of New Yorkers and delivering benefits equitably to all.