Mobility startups now have access to more than $1 million in funding through the PlanetM Startup Grants, thanks to a new statewide program that provides mobility startups with more and better opportunities to validate and prove new technologies in Michigan.
There are two types of grants available through the PlanetM Startup Grants: one is for piloting mobility technologies on Michigan roadways, and the other is for testing mobility technologies in a closed environment. Both grants will fuel advancements in technology to solve transportation challenges and make Michigan a leading state for testing and deploying mobility startup technologies.
The PlanetM Pilot Grant will be deployed in three rounds, with the following application deadline dates: October 1, February 3, June 2. The PlanetM Testing Grant applications will be accepted on a rolling basis.
Who’s eligible? Mobility startups (defined as less than 10 years since founding; fewer than 100 employees; non-public, and worth less than $500 million) inside and outside of Michigan.
Where? Across the state of Michigan
How to apply? Visit www.planetm.com/grants
Testing Grant:
- The PlanetM Testing Grant will accelerate innovation by providing mobility startups the opportunity to access Michigan’s advanced testing facilities. The reduced cost to startups will allow them to focus their resources on enhancing and proving their technologies, and deepen ties to Michigan’s mobility ecosystem.
- Our first testing partnerships are with Mcity and The American Center for Mobility. Other test sites will be added at a later date.
- Individual grant amounts may vary and a minimum of 25% match is required by the participant.
Pilot Grant:
- The PlanetM Pilot Grant will support global mobility startups to deploy their technologies on Michigan roadways, ultimately making it easier, safer and more affordable for Michigan residents to move around. The grant will fund multiple innovative mobility pilot projects of varying sizes that provide mobility solutions in Michigan communities.
- Startups will be required to partner with at least one of the following public and/or private entities: community organization, municipality, government agency (e.g. MDOT, county), OEM/supplier, large employer, and/or other Michigan stakeholders.
- Individual grant amounts may vary and a minimum of 25% match is required by the participant.
Resources:
Website | Press Release | Video | Brochure
For more information, visit PlanetM.com/grants. Once you create an account, you will be able to access the application, and view the terms and conditions, scoring criteria, qualifications, and other grant information.
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