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Congressman Maffei and Clean Tech Center Announce New Clean Energy Business Incubation ProgramAs leaders gathered from around the globe in Copenhagen, Denmark for the start of the U.N. Climate Conference last month, green leaders from across the Creative Core came together to plant a new crop of clean tech companies that will help grow the state’s green innovation economy.
Simultaneously, Congressman Dan Maffei helped The Clean Tech Center announce the first nine companies selected for a new clean energy business incubation program. New York State Energy Research and Development Authority (NYSERDA) made a multi-year award to The Tech Garden, a program of the Greater Syracuse Chamber of Commerce, to establish The Clean Tech Center. The center, which formally launched in July 2009, is designed to incubate early stage companies and accelerate the growth of renewable energy companies in New York state. The Clean Tech Center is working with companies in areas such as: renewable energy; alternative fuels; system integration and the smart grid; clean transportation; energy storage; advanced battery technologies; and intelligent green buildings. The Clean Tech Center will help them to refine their business and market development plans, as well as their commercialization and funding strategy. The SyracuseCoE will collaborate with The Clean Tech Center on technology validation needs. Other project partners include The MDA and the Greater Syracuse Chamber of Commerce, as well as a consortium of academic institutions, support organizations and investor groups. The goal is to create "investment-ready" companies and jump-start their entry into the dynamic clean tech marketplace. First-round companies admitted to the program include:
"New York’s economic future will depend on entrepreneurs like those joining The Clean Tech Center whose clean energy businesses will strengthen our economy while improving our environment," said Francis J. Murray Jr., president and CEO of NYSERDA. "I’m proud that NYSERDA’s $1.5 million investment in The Clean Tech Center earlier this year helped establish the incubator and allows us to play a role in the early development of these businesses, and we look forward to their future success. Their work will help achieve Governor Paterson’s vision for a clean energy economy for New York’s future." "Green innovation is a strategy for the future," according to Linda Hartsock, executive director of The Clean Tech Center. "As the world’s need for energy grows, the challenge will be to create a clean energy infrastructure over the next 30 years that is twice as large as our current energy infrastructure. That means we need to radically accelerate the timeline of clean energy technology breakthroughs. There is unprecedented economic opportunity for entrepreneurs to be part of this green revolution." The second round of applications to The Clean Tech Center – NYSERDA program is now open, with the next crop of companies to be announced March 1, 2009. Application inquiries can be made to The Clean Tech Center at www.thecleantechcenter.com.
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Congressman Dan Maffei announces the first nine companies who will participate in the new clean energy business incubation program at The Clean Tech Center. The announcement was made during a press conference at the Syracuse Technology Garden.
Congressman
Dan Maffei (third from left, back row) and Michael Shimazu, project
manager at NYSERDA in Clean Energy Research and Market Development
(front row, center), pose with first round companies accepted into
The Clean Tech Center. Congressman Maffei also announced $232,500 in
funding through The Financial Services Appropriations Act to support
The Clean Tech Center at The Tech Garden.