Eight early-stage energy companies from across the U.S. and Canada will work with climate economy leaders, industry experts, potential partners and investment professionals over the next three months while completing an intensive curriculum, developed by ecosVC, during online workshops, webinars and mentoring sessions.
The Vermont-based business accelerator kicked off the Energy 2022 program (the sixth cohort for the DeltaClimeVT business accelerator) last week. Entrepreneurs worked together via Zoom conferencing with facilitators Joseph Steig and Judy Giordan, and Geoff Robertson, DeltaClimeVT Managing Director at VSJF.
In addition to connecting the accelerator participants to the larger ecosystem of business support and capital in Vermont, Energy 2022 participants will compete for a $25,000 non-equity prize to be awarded to the top company and the chance to work with Vermont utilities to help reduce emissions in the residential and small commercial arenas.
The goal for the Energy 2022 program is to reduce greenhouse gas emissions by enabling the acceleration of electrification by working with pilot and demonstration stage companies focused on energy-related products or services that reduce the need for costly infrastructure or electrical panel upgrades.
“I’m excited to watch as these climate economy entrepreneurs will spend the coming months improving their product market fit, fine tuning business models, developing go-to market strategies and fast tracking their way to securing financial investments so they can grow their opportunities in Vermont and beyond,” said Robertson.
DeltaClimeVT Energy 2022 Cohort Companies:
- AirStat is an AI platform that collects data from sensors and people’s comfort profiles that allow the control of HVAC systems. Massachusetts
- ENVIROPOWER designs the SmartWatt Boiler system to transform the existing heating infrastructure into an energy platform that satisfies the heating requirements of buildings while generating onsite electricity at nearly zero-cost. Connecticut
- EV MakeReady is software that helps contractors quote, sell and install EV charging infrastructure more efficiently. Virginia and New York
- Farm to Flame Energy develops distributed biomass generation and home heating systems. New Jersey
- GenH is a next-generation hydropower technology company that electrifies unpowered dams. Boston, Massachusetts
- Halitra works with financial institutions, utilities, government and building owners to uncover energy saving financing opportunities that can be profitably serviced by stakeholders. Vancouver and Calgary
- MicroEra Power is developing THERMAplus, an on-site thermal energy storage solution to provide commercial buildings with resilient, low-cost, low-carbon Heating and Cooling. Rochester, New York
- Qilo personalizes electricity usage data making demand side management programs easier for utilities to deploy to reduce utility peak demand expenses, creating a more reliable, cost-effective grid. Chicago and Seattle
Partners and sponsors of DeltaClimeVT Energy 2022 include, Jane’s Trust Foundation, The Vermont Community Foundation, the Vermont Department of Public Service, Burlington Electric Department, Vermont Public Power Supply Authority, Efficiency Vermont, Green Mountain Power, VSECU, Vermont Electric Coop, Vermont Electric Power Company, and VGS.
To learn more about DeltaClimeVT Energy 2022, visit deltaclimevt.com.
About DeltaClimeVT – A Climate Economy Business Accelerator
The DeltaClimeVT business accelerator is a Vermont-based program serving startup and seed-stage ventures focusing on energy and climate economy innovation in the energy sector. The program provides an intense accelerated learning and business development process designed to test assumptions, expose and remediate business vulnerabilities, prepare for significant investment, and provide a platform for rapid scaling. As a proven leader in sustainability, Vermont offers participants access to a large number of entrepreneurial climate economy and energy experts throughout the program. The program is managed by the Vermont Sustainable Jobs Fund (VSJF). deltaclimevt.com
About Vermont Sustainable Jobs Fund
In addition to offering the DeltaClimeVT business accelerator to startup and seed stage entrepreneurs, the Vermont Sustainable Jobs Fund (VSJF) provides business assistance, value chain facilitation, network development, and strategic planning to a wide range of stakeholders in the agriculture and food system, forest product, waste management, renewable energy, and environmental technology sectors. Located in Montpelier, Vermont, VSJF was created by the Vermont Legislature in 1995 to partner with state government, private sector businesses, and nonprofits to build a thriving economic, social, and ecological future for Vermont. www.vsjf.org