MassCEC - Sustainable Energy Economic Development (SEED) Initiative

This program is no longer available. The Massachusetts Sustainable Energy Economic Development (SEED) Initiative provided financial assistance to support renewable-energy companies in the early stage of development. Applicants are companies that generally have a unique technology but have not yet demonstrated commercial viability to an extent sufficient to attract venture capital. The SEED Initiative was developed by the Massachusetts Technology Collaborative (MTC), the previous administrator of the state's Renewable Energy Trust Fund. Between 2004 and 2010, the Massachusetts Renewable Energy Trust invested almost $5 million in Massachusetts-based renewable energy companies through the SEED Initiative. In 2010, the SEED Initiative ended. Information about past SEED Initiative recipients is available on MTC's web site.