Battery Resourcers In Grafton Gets $50,000 From State In Clean Energy Grant

GRAFTON, MA —The Massachusetts Clean Energy Center (MassCEC) on Friday announced $200,000 in grants for four early-stage clean energy companies as part of AccelerateMass, a program designed to provide funding to Massachusetts-based startup companies that recently graduated from business accelerator programs that focus on developing clean energy innovations.

North Grafton-based Battery Resourcers, one of the four companies receiving grant money, is developing a lithium ion battery recycling process – which produces 20 times less carbon dioxide than common battery recycling processes – to benefit North American electric vehicle manufacturers, according to the release. Each company was given $50,000 in initial investment.

“It is gratifying to know that a startup business within our community has been chosen as a recipient of a Massachusetts Clean Energy Center grant,” said Representative David Muradian, R-Grafton, in a statement. “I am excited for Battery Resourcers of North Grafton, and I look forward to hearing about all of the amazing endeavors this company plans to make in the near future.”

MassCEC’s AccelerateMass was developed to support early-stage companies that have graduated successfully from business accelerator programs, which provide technology development mentorship, business plan development guidance as well as cash prizes to promising startup companies.

“Massachusetts has a rich history of innovation and is proud to support entrepreneurs working hard to develop new, creative clean energy solutions,” said Governor Charlie Baker in a statement. “A vibrant startup scene is an important driver for any innovative economy and we are pleased these grants can help play a role in sustaining a competitive and innovative clean energy economy.”

MassCEC awarded the following companies $50,000 each in an initial investment. MassCEC may award up to an additional $100,000 each in the future to the companies that reach specific business milestones including producing prototypes and raising additional capital.

“Supporting early-stage clean energy entrepreneurs encourages the innovation the Commonwealth needs to reduce our greenhouse gas emissions,” said Energy and Environmental Affairs Secretary Matthew Beaton. “This funding will also help to drive these breakthrough technologies to market opportunities, delivering new, clean energy solutions for residents across the Commonwealth.”

MassCEC awarded the following companies $50,000 each in an initial investment. MassCEC may award up to an additional $100,000 each in the future to the companies that reach specific business milestones including producing prototypes and raising additional capital.

“Battery Resourcers is at the forefront of developing technology to significantly reduce the environmental impacts of the battery recycling process,” said Senator Michael O. Moore, D-Millbury, in a statement. “I congratulate this Grafton business on receiving this grant funding, and appreciate their commitment to reducing carbon emissions. I also commend MassCEC and the Administration for their ongoing commitment to advancing clean energy initiatives in the Commonwealth.”

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