2. Campus Representatives Brookhaven National Laboratory Pat Looney jlooney@bnl.gov City University of New York John Blaho jblaho@ccny.cuny.edu Columbia University Donna See donna.see@columbia.edu Cornell NYC Tech Bethany Koi ck574@cornell.edu NYU Polytechnic School of Engineering Chris Snyder christopher.snyder@nyumc.org Stony Brook University William Worek william.worek@stonybrook.edu

3. PowerBridgeNY is a Collaborative Effort Across Downstate Institutions, with $10 Million in Funding from NYSERDA

4. Overview OBJECTIVE AWARDS ELIGIBILITY CRITERIA SELECTION PROCESS Cleantech innovations from academic research labs more and stronger cleantech businesses in New York State Validation Phase Up to $150K for technical proof-of-concept Additional $ for business validation Support from industry / entrepreneur coaches, external advisors, student teams Milestone-based tranches Ignition Phase $50K for company launch & marketing Open to Researchers at participating institutions Within NYSERDA’s “areas of interest” Based on University IP Not for “basic research” First cycle: Oct 2013 Pre-proposal > full proposal > pitch day External judging committee (VCs, industry, entrepreneurs) Based on commercial potential

5. All judging is done externally by our diverse panel of Judges, which includes representatives from the government, industry, utilities, and venture capital firms.

6. Past Judges Bill Lese Managing Partner Braemar Energy Ventures Brad Pietras VP of Technology Lockheed Martin Dan Robinson Senior Associate SJF Ventures David Cruikshank* Partner Arch Ventures Edward Greer* Manager DOW Chemical Company Jackson Lehr Director National Grid Jigar Shah Founder Jigar Shah Consulting Johannes Rittershausen* Managing Director Convergent Energy + Power John Freer* Manager, External Tech. Initiatives GE Research John Lee* Analyst Osage Ventures Josh Wolfe Co-founder Lux Capital Jurij Paraszczak Director IBM Research Mike Bishop* Senior Associate Black Coral Capital Nancy Doon Senior Manager Smart Grid Consortium Rebecca Craft* Director, Energy Efficiency ConEd Satyen Mukherjee* Chief Scientist & Senior Director Phillips Research Troy Devries Director, Research & Development ConEd David Wells* Partner Kleiner Perkins NY Andrea Ruotolo Senior Research Associate Smart Grid Consortium Bradley Atwater Technical Director Lockheed Martin Frank Martino VP, Operations Columbia University Facilities Margarett Jolly Director, Research and Development ConEd Barbara Kate-Garnick Undersecretary for Energy and the Environment Commonwealth of Massachusetts *Returning for Cycle 2 New Judges

7. We assign at least one Mentor per team. Last Cycle we had 28 Mentors (~2 per team) who came from a variety of backgrounds and may have experience with startups, industry, investing, and more.

8. How We PowerBridge The Gap Academic Research (Government Grants) Commercial Enterprise (Investors) Proof of Concept Funding Access to Customers Business Support Mentorship/Advisors

9. Cycle 2 Timeline SEPOCTNOVDECJAN FEB MAR SEP 29 Pre-proposal application opens OCT 10 Pre-proposals due NOV 10 Teams notified JAN 12 Proposals due FEB 11 Pitch teams selected MAR 4 Pitch day MAY 1 Projects begin Mentors & Advisors assigned Mini “boot-camp” Cycle 1 Numbers 50 Pre- proposals 14 Full proposals 13 Pitches 10 Full awardees 3 Partial awardees

10. Our Methodology NSF Innovation Corps (I-Corps) Way to find a viable business model for a startup Lectures and “skills labs” in combination with active customer discovery Focus on getting out of the building and talking to potential customers Awardees will be required to conduct at least 100 interviews Business Model Canvas Awardees required to update monthly Tool used to track learnings and frame project Completed BMC will serve as basis for investor pitch and business plan

11. Sample Evaluation Criteria Will Include… Technical feasibility and benefits Energy savings or amount of renewable energy produced Demonstrated early- stage proof-of-principle Ability to execute within available budget (indirect cost rate included) Qualifications of the team Commercial potential Market need and size Competitive landscape Innovativeness of the proposed solution Strength of intellectual property Feedback from mentor Commitment of the team

12. Guidelines on “Eligible Technologies” Within NYSERDA’s Areas of Interest* CURRENTLY ELIGIBLECURRENTLY NOT ELIGIBLE Transportation Fuel Production Fuel Delivery Buildings Energy Storage Electricity Generation Electricity Delivery & Management Nuclear Compressed Natural Gas & LNG Hydrofracking Clean Coal *An in-depth list of eligible technologies is available on the powerbridgeny.com “Apply” tab. Please email the Campus Rep for your institution if you are unsure of your eligibility.

13. Current Awardees Jia Wang Brookhaven National Laboratory High-performance, low-cost gas diffusion electrodes for fuel cells and electrolyzers Yingchao (Alex) Yu Cornell University Advanced Li-ion battery anode material with 3X capacity, 4X lifetime, 3X charging rate, reduced cost Alan Lyons CUNY Antireflective superhydrophobic self-cleaning films: Reliable materials to increase efficiency of solar panels Mariusz Bojarski NYU Polytechnic School of Engineering Resonant power inverters optimized for highly efficient wireless charging of electric vehicles Saeed Jazebi NYU Polytechnic School of Engineering HIGHEST (HIGH Efficiency Shielded Toroidal) Transformers to help distribution network operators for saving energy Marc Diaz-Aguilo NYU Polytechnic School of Engineering Cable transient ampacity (C.TrAm) software to monitor temperature of electric cables Yiannis Andreopoulos CUNY Battery replacement module for HVAC sensors John Kymissis Columbia University PlugSTRATE: A low cost, wireless monitor for energy use analysis Roger Anderson Columbia University Using machine learning to reduce electricity lost in T&D of electricity for utilities, microgrids, and in buildings Kartik Chandran Columbia University Increasing energy efficiency of wastewater treatment facilities

14. Current Awardees (continued) Alan West Columbia University Chemicals and fuels from electricity and CO 2 Genggeng Qi Cornell University Pilot production of high-efficiency sorbents for cost- effective carbon capture Lei Zuo Stony Brook University Vibration energy harvester to power trackside electrical railroad infrastructures more efficiently and inexpensively than incumbents

15. Mutual Expectations for Awardees Note: all funding will be released based on successful interim tech & business project milestones What we expect from you… What you can expect from us… TechnicalBusiness Develop initial prototype Targeted experiments to de-risk the technology Conduct in-field testing Mentors & coaches Funding for tech Development Access as needed to: - Student teams for design & prototyping - Built environments for testing prototypes Funding for: - Conference travel & fees - SBIR/STTR assistance Market assessment Competitive landscaping 100 customer interviews Business plan development Develop commercial “pitch” Talk to potential investors SBIR/STTR application (if relevant) Identify entrepreneurial lead Mentors & coaches Financial support in addition to Project Funds for business and external assistance Access as needed to: - Student teams for business & marketing support - Educational panels & boot camps - Networking w/ VCs, industry, entrepreneurs - Subsidized tax, law, accounting Teams that complete all milestones and establish a company in New York State will be eligible to apply for $50K Ignition Grants.

16. A Month in the Life EL spends 40-60 hours on the project Conduct 10-15 customer interviews Update Business Model Canvas based on interviews Annotate changes for discussion at monthly meetings Meet once with Director to discuss both technical and business milestone progress Attend a Skills Lab or other required event (usually about an hour) Work with Mentor at least 4-5 hours Work on preparing quarterly reports

17. FAQ What do I have to do to apply? File an invention report with your home institution’s tech transfer office Complete the 2-page pre-proposal (available in Fall 2014) Is there a bias towards short-term vs. long- term projects? No preference, as long as milestones are met What does PowerBridgeNY expect in return for funding? No equity stake nor revenue share for No impact on the intellectual property ownership Can a PI apply with more than one application? Yes, but if more than one pre-proposal is invited to submit a full proposal, we will ask the PI to select which project he or she would like to move forward with Are there any restrictions on the use of funds? 35% indirect cost rate No subcontracts in excess of 1/3 of the total project budget Can be used for facility fees and services, though PBNY will work to subsidize these costs Not intended for capex equipment >$20K Leasing large equipment is acceptable All equipment purchased will be the property of the home institution Not intended for marketing materials (e.g. sales brochures) or legal fees – these are for ignition grant What if a project is not selected as one of the final awardees? Can the team reapply? Yes, if feedback is addressed Where can I find more information? www.powerbridgeny.com/apply Application materials www.powerbridgeny.wikispaces.com Process information

18. Institution Brookhaven National Laboratory City University of New York Columbia University Cornell NYC Tech NYU-Poly Stony Brook University Campus Rep Pat Looney John Blaho Donna See Bethany Koi Chris Snyder William Worek Campus Rep Email jlooney@bnl.gov jblaho@ccny.cuny.edu donna.see@columbia.edu ck547@cornell.edu christopher.snyder@nyu.mc.org William.worek@stonybrook.edu Tech Transfer Website www.bnl.gov/techtransfer www.cuny.edu/research/ovcr/tco.html www.techventures.columbia.edu www.cctec.cornell.edu Oil.med.nyu.edu/faculty-students www.stonybrook.edu/research/otlir Sign up to receive updates by emailing your Campus Representative or visiting www.powerbridgeny.com/contact