Business Builds: Climatetech
Forecasted
Business Builds: Climatetech supports climatetech producers with capital projects to scale production, expand facilities, or relocate to Massachusetts, advancing climate goals and public benefits.
Funder: Massachusetts Clean Energy Center
Due Dates (Anticipated): April 2027 (Application) | October 2027 (Application)
Funding Amounts: $500,000–$2,000,000 for up to three full fiscal years after contract execution
Summary: Capital grants help for-profit climatetech producers scale production, expand facilities, or relocate operations to Massachusetts.
Key Information: Dollar-for-dollar cash match and bridge financing are required; grants reimburse approved post-contract capital costs.
Description
Business Builds: Climatetech is a competitive capital grant program administered by the Massachusetts Clean Energy Center (MassCEC) and created by the Mass Leads Act. It addresses the missing-middle financing gap for companies bringing climate-critical technologies to commercial scale in Massachusetts. Priorities include first-of-a-kind commercial operations and expansion or relocation by established climatetech producers and manufacturers. Examples include battery manufacturing lines, low-carbon cement facilities, next-generation transmission-line production equipment, and heat pump assembly facilities.
The program seeks to advance Massachusetts’ climate and energy priorities, reduce ratepayer costs, create high-quality jobs, attract investment, and promote equitable place-based development. Supported technologies reduce greenhouse gas emissions, reduce reliance on nonrenewable energy, or help communities and infrastructure adapt to climate change. Every project must demonstrate public benefits beyond the applicant’s own business outcomes.
