The maryland energy innovation accelerator (meia), a program of the maryland clean energy center (mcec), is a venture development and advancement program focused on commercializing advanced energy and…

The Maryland Clean Energy Center (MCEC) received a $1.6 million project grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to implement the Maryland Energy Innovation Accelerator (MEIA) program. MEIA will provide venture development support to accelerate commercialization of advanced energy and climate technologies developed by Maryland businesses, universities, and federal laboratories.

Specifically, MEIA will implement a three-tiered approach moving technologies from concept to demonstration. The pre-accelerator will offer a two-month customer discovery program for early-stage technologies from universities and labs. The launchpad will provide a six-month commercialization planning program for high-potential technologies. The accelerator will deliver a six-month+ program to help established companies fill senior roles, demonstrate technology, and obtain third-party capital investment. MEIA deploys venture development experts and strategic partners to advance projects through each phase of the program. The funding will enable MEIA to expand its startup support efforts through September 2024.

The maryland energy innovation accelerator (meia), a program of the maryland clean energy center (mcec), is a venture development and advancement program focused on commercializing advanced energy and climate technologies developed at maryland-based businesses, universities, and federal laboratories. The build to scale venture challenge funding will enable meia to accelerate startup support. Meia will implement a three-tiered approach that moves technology from concept to demonstration: 1) pre-accelerator - a 2-month customer-discovery program for the earliest technologies from universities and labs; 2) launchpad - a 6-month commercialization planning program for high-potential technologies in universities or labs; and 3) accelerator - a 6+ month program for established companies looking to fill senior roles, to demonstrate technology, and to obtain third-party capital investment. Meia deploys a venture development approach that provides business domain experts, strategic partners (