The Clean Energy Business Incubator Program (CEBIP) provides assistance and resources for developers of renewable and clean energy technologies. By mentoring entrepreneurs CEBIP helps them establish successful enterprises to bring their technologies to market. Bringing an innovation to market can be a difficult process requiring technical and business guidance, successful acquisition of funding, and maintaining a competitive advantage.
CEBIP’s goal is to incubate “green” technologies by helping to develop and commercialize them, and to create and sustain growth companies. CEBIP’s aim is the creation of high-paying cleantech jobs and industry within New York State that addresses current and future clean energy needs.
CEBIP will achieve this goal by providing a vast array of services, including technological support for clean energy product development, guidance for business plan formation and funding efforts for “green” energy technologies and, if required, locating physical office space and support near other similar cleantech companies.
The problem of energy cost and supply is the preeminent economic challenge of our time. As the fourth greatest energy user among the fifty states, with the second highest electricity costs, New York State has a double incentive to address this problem. New York State's net consumption is estimated to cost $60 billion dollars or 6.6% of the gross state product. Clean energy solutions hold promise for state-based companies. Solutions must critically lower the cost of energy.
Production for in the state, and also become products that will enter the worldwide stream of commerce and bring financial rewards, thereby providing good jobs for New Yorkers and tax revenues for the state.
Enormous investments in basic research at Long Island's research institutes will continue to yield early stage technologies that need feasibility testing, decisions on how and when to enter the commercial development pathway, and securing financing. CEBIP has assembled an unsurpassed team of partners to maximize prospects of start-ups and young ventures augmented by our participation in the Clean Energy Innovation Collaborative with a single point of continuing contact for clients to call on these resources as needed.
CEBIP operates directly under the direction of the Long Island High Technology Incubator (LIHTI). LIHTI is a non-profit organization dedicated to helping new technologically-innovative companies to grow by providing them with a variety of support resources and services.