Strongest New Cleantech Start-ups in Northeast Earn Cash and Recognition
Teams receive $20,000 in prizes and chance to compete in national competition, Regional Accelerator in Partnership with the New England Clean Energy Council Demonstrates Growth of Regional “Supercluster” Driving Cleantech Innovation
Boston, Mass. — October 18, 2013 -- Cleantech Open Northeast, the Northeast Division of Cleantech Open, the world’s largest cleantech accelerator, announced four Regional Winners today: HEVO Power (New York, NY), NBD Nanotechnologies (Somerville, MA), Refresh (Somerville, MA), and Sealed (Astoria, NY). The Regional Winners receive prizes of $20,000 in cash and in-kind services. These companies will also represent the region at the Cleantech Open Global Forum in San Jose, CA, where they will compete with emerging environmental and energy technology firms throughout the nation for National Grand Prize of $200,000 in cash and services.
The regional winners were selected and announced by a judging panel of 10 of the region’s cleantech business leaders at the cleantech entrepreneurship accelerator’s annual Innovation Expo and Awards Gala at Boston University Trustee Center. Peter Rothstein, President of the New England Clean Energy Council (NECEC) and the NECEC Institute, was among the first-round judges who helped select the presenting teams at the Awards Gala.
“Cleantech Open Northeast has once again proven that the Northeast is a top region for cleantech innovation by sending a highly capable group of teams to compete in California,” said Rothstein. “NECEC and Cleantech Open have a similar mission to foster innovation and entrepreneurship in the region’s cleantech sector. NECEC is proud to provide our support once again.”
The diversity of the four winners and the starting field of 32 semifinalists underscored the ongoing growth of a regional cleantech innovation hub across New England and New York state, with strong centers in both Boston and New York City. Of the 32 companies graduating the 2013 Cleantech Open Northeast accelerator, seven are based in greater New York City, 16 in the greater Boston area (view a map of all accepted semifinalist companies).
“This year’s Cleantech Open Northeast programming bears witness to the cleantech innovation ‘supercluster’ rapidly developing throughout the entire Northeast region,” said Alexandra Adler, Executive Director of Cleantech Open Northeast. “Despite an economic downturn, in the past two years, there has been 24% clean energy job growth in the State of Massachusetts alone. Each year it becomes harder to select winners from the amazing array of developing cleantech companies that will go on to the National Finals at the Global Forum in November.”
More than 300 people from across the region including entrepreneurs, business leaders and public officials from the region’s cleantech community attended the cleantech entrepreneurship accelerator’s annual Innovation Expo and Awards Gala at Boston University Trustee Center to hear live pitches from the top nine regional finalists to the panel of all-star judges, the announcement of the four regional winners and to rally around the region’s growing cleantech innovation ecosystem.
“These four winners, and each participant, exemplify the Northeast’s continued leadership in clean technologies,” said Tom King, US President of National Grid, another judge on the final panel. “The competition comes at an excellent time, as National Grid celebrates ‘Careers in Energy Week’ to spread awareness about the many energy o
pportunities available throughout the region. We’re proud to support the Cleantech Open and other events that help drive a more sustainable energy future.”
“Supporting our local emerging cleantech companies drives innovation, creates jobs and cultivates a culture of entrepreneurship that turns promising ideas into the leading clean energy companies of tomorrow,” said Massachusetts Clean Energy Center (MassCEC) Chief Executive Officer Alicia Barton, another judge. “MassCEC is proud to support Cleantech Open Northeast and its role in fostering cleantech innovations here in Massachusetts and across the region.”
“The Cleantech Open Northeast is an opportunity for New York’s promising young cleantech start-ups to showcase their innovative ideas, giving valuable exposure to all participants while competing for funding that will help advance new technologies to the marketplace. The innovation chain plays a critical role not only in developing New York’s cleantech economy but also the economies at the regional and national level,” said John B. Rhodes, President and CEO, NYSERDA, a Cleantech Open Northeast sponsor. “We congratulate all the graduates of the accelerator program, and wish the four Northeast regional winners luck as they advance to the national competition.”
Below is information on the four northeast regional winners and the categories they entered.
About the Cleantech Open Northeast Regional Winners
Meet them at the Cleantech Open Global Forum in San Jose, CA November 20-21!
- HEVO Power, New York, NY (Energy Distribution & Storage): HEVO Power is developing a wireless charging solution for electric vehicle owners and operators that is enabled through HEVO’s telematics platform. This wireless charging technology is perfect for commercial fleets that seek a solution to the inconveniences and hazards of plug-in systems, high transportation costs as well as the scarcity of plug-in stations and range limitations. http://www.hevopower.com/
- NBD Nanotechnologies, Somerville, MA (Chemicals & Advanced Materials): NBD Nanotechnologies is developing superhydrophobic surface coatings which may be used to improve the condensation capabilities of industrial heat exchangers by 200% and increase overall performance of these systems. http://www.nbdnano.com/
- ReFresh, Somerville, MA (Agriculture – Water – Waste) ReFresh combines the convenience of bottled water with the ecological and economic benefits of tap water. Our product is an energy-efficient vending machine which sells reusable water bottles, and receives them upon return for cleaning and refilling. http://www.re-freshwater.com/
- Sealed, Astoria, NY (Energy Efficiency) Sealed is an energy company that guarantees savings from home efficiency improvements. Sealed aims to scale home efficiency by removing the savings risk from homeowners, ensuring installation quality by tracking actual results and providing a channel for new efficiency technologies and strategies. http://www.sealedhomes.com/
About The Cleantech Open
Cleantech Open Northeast is the Northeast Division of Cleantech Open, the world’s largest cleantech accelerator and is dedicated to providing entrepreneurs and technologists the resources needed to launch a successful cleantech company. Our mission is to find, fund and foster entrepreneurs with big ideas that address today’s most urgent energy, environmental, and economic challenges. A 501(c)(3) not-for-profit organization, the Cleantech Open provides the infrastructure, expertise and strategic relationships that turn clever ideas into successful global cleantech companies. Over the past seven years, the Cleantech Open has awarded over $5 million in cash and services. During that time, our 750 alumni companies have raised more than $800 million in external funding. Fueled by a network of more than 2,000 volunteers, the Cleantech Open unites the public and private sectors in a shared vision for making America’s cleantech sector a thriving economic engine.
The Cleantech Open is made possible by the generous support provided Global Partner, Chevron; National Education Partner, University of Phoenix; and National Sponsors, Wells Fargo and Parc, a Xerox company. In addition, Cleantech Open Northeast is sponsored by Premier Sponsor, the Massachusetts Clean Energy Center (MassCEC); Platinum Sponsor, National Grid; Gold Sponsors, NECEC Institute and NYSERDA; Silver Sponsors, Bingham McCutchen, Foley Hoag, Novozymes and Saint Gobain; Bronze Sponsors, Mintz Levin, Deloitte, Silicon Valley Bank, Maine Technology Institute, and Greenberg Traurig; and In-Kind Sponsors, TRA360, Fraunhofer CSE, Plano & Simple, HB Agency, and Future360.
About The New England Clean Energy Council and the NECEC Institute
The New England Clean Energy Council (NECEC, a 501(c)(6) trade member organization) is the lead voice for hundreds of clean energy companies across New England, influencing the energy policy agenda and growing the clean energy economy. The NECEC Institute (a 501(c)(3)) is a leader in programs that support Innovation, Cluster Research & Economic Development and Workforce Development. NECEC’s mission is to accelerate New England’s clean energy economy to global leadership by building an active community of stakeholders and a world-class cluster of clean energy companies.
As sister entities under the NECEC umbrella, the organizations share a common mission to accelerate New England’s clean energy economy to global leadership by building an active community of stakeholders and a world-class cluster of clean energy companies. NECEC leads efforts in Policy, Government Affairs, Communications, Member Benefits and Stakeholder Engagement, while the NECEC Institute executes projects in the areas of Innovation, Cluster & Economic Development and Education & Workforce Development.
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