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FedTech's Four Corners CleanTech Accelerator

In a significant move towards promoting sustainable energy solutions, FedTech has unveiled the Four Corners CleanTech Cluster. This accelerator program aims to empower small businesses and entrepreneurs in Arizona, Colorado, New Mexico, and Utah. It seeks to bolster clean energy innovations by providing comprehensive resources and support, funded partially by a contract with the U.S. Small Business Administration (SBA).

Program Overview

The Four Corners CleanTech Cluster is part of the SBA's nationwide initiative focused on fostering Regional Innovation Clusters (RIC). The goal of this initiative is to facilitate a sustainable clean energy landscape in the Southwestern United States by transforming innovative ideas into market-ready solutions. The program is structured into two main tracks:

1. Startup Accelerator Track: This track is tailored for newly established startups. It will consist of a workshop series aimed at teaching essential skills, including customer discovery, business modeling, and understanding market dynamics within the clean technology space.

2. Customized Services for Established Businesses: For established small businesses looking to scale, the program offers tailored services such as intellectual property assessments, market research, and strategies for commercializing innovative ideas.

Commitment to Inclusivity

FedTech and the SBA are committed to fostering inclusivity within the clean technology sector. The initiative particularly aims to support historically underserved entrepreneurs, ensuring equitable access to training and resources. This approach reflects a broader commitment to enhancing diversity within the clean energy landscape.

Application Timeline

The application window for startups interested in joining the accelerator program is open until February 21, 2025. Programming will kick off in March and culminate in a showcase event in late July 2025, where participants will have the chance to present their innovations to investors and industry leaders. Established businesses looking for customized advisory services can apply on a rolling basis, receiving support tailored to their unique needs.

Startup Accelerator Program Features

Key Features of the Startup Program Include:

• - Interactive Workshops (March-May 2025): Focused on sustainable business modeling and financial forecasting.
• - Advanced Development Workshops (May-July 2025): Deep dives into regulatory navigation and go-to-market strategies.
• - Showcase Event: A culminating event where participants pitch their innovations to potential investors and industry leaders.

Customized Support for Small Businesses

Established businesses aiming to scale will receive comprehensive evaluations of their business models during the application process. This personalized assessment will guide the provision of specific support services, which might include education on data management, accounting compliance, and investor pitch deck reviews. Each business will benefit from a customized approach designed to enhance their operational strengths while addressing potential challenges.

Get Involved

Businesses and startups in Arizona, Colorado, New Mexico, and Utah that are passionate about clean energy and climate technology are invited to apply. Prospective leaders looking to contribute to cleantech innovation are encouraged to join the advisory council that will provide insights and support the initiative's vision.

For additional details or to apply for the program, visit the official program page or contact:

[insert contact email]

About FedTech

Founded in 2015, FedTech serves as a leading innovation platform focused on harnessing advanced technologies from federal labs, academic institutions, and industry leaders to tackle pressing global challenges. Their diverse programs and services, including venture studios and accelerators, leverage robust partnerships, ensuring access to emerging technologies and unique commercialization opportunities. Through initiatives like the Four Corners CleanTech Cluster, FedTech continues to pave the way for transformative innovation in the clean energy sector.