Greentown Labs Opens Year Two of $50,000 First Valley Fellowship
Somerville – October 29, 2026 -- Greentown Labs Boston has opened applications for the second year of its First Valley Fellowship, which gives selected Massachusetts climate and energy founders $50,000 in non-dilutive funding and six months of support to move from proof of concept to first prototype. The Massachusetts Clean Energy Center (MassCEC) funds the stipends, and the Barr Foundation also supports the program.
Each Fellow receives $25,000 in living support and $25,000 for R&D
The $50,000 award splits evenly between a living stipend and R&D support. Fellows also get six months of no-cost membership and workspace at Greentown Boston for up to two co-founders, plus access to more than $1 million in in-kind resources. These include free and discounted software, legal services, business support and specialized facilities.