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NYC Cleantech Innovators Compete in New Energy Symposium


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By David Gilford, Assistant Director, Center for Economic Transformation

Each summer, New York's top clean technology startups come together to pitch to a panel of the industry’s leading investors. The event is the New Energy Symposium, a statewide collaboration led by the New Energy New York and the Energy & Environmental Technology Applications Center (E2TAC) of the College of Nanoscale Science & Engineering (CNSE), and iCLEAN, E2TAC's clean energy incubator.

This year the event returns to the New York Academy of Sciences for the Seventh Annual New Energy Symposium on July 18-19, 2012.

To date, the New Energy Symposium’s Investment Pitch Competition has showcased 58 early stage companies that have raised over $160 million in venture capital and government funding to develop clean energy technologies, products, and services.

Among the over 40 judges participating this year are some of NYC’s leading cleantech investors, including venture capitalists, angels, and investment bankers. The top three presentations, selected by the investor judges, receive awards and $1,500 cash to cover their travel to the National Renewable Energy Laboratory’s Industry Growth Forum in the fall.

Local NYC startups participating include BrightPower, whose energy efficiency software is used to benchmark NYC buildings, Sollega, whose racking system reduces the cost of installing rooftop solar, and Rentricity, whose technology recovers energy from water and wastewater.

Sollega and Rentricity are both members of the NYC ACRE clean technology and renewable energy incubator, run by NYU-Poly with the support of NYSERDA and NYCEDC. Rentricity was one of the three finalists at the Investment Pitch Competition in 2011 and went on to the national NREL competition.

Other participants include startups from iCLEAN: Altek Fuel Group (aluminium-air fuel cell system), ENrG (ultra-thin ceramic membranes), ProTerra Lighting (LED light fixtures), Re3 USA (energy recovery from waste), ThermoAura (thermoelectric nanomaterials), and Versatilis (solid state lighting technology).

Register for this event to see entrepreneurs pitch their business plans to investors and hear experts discuss the newest developments in clean technology.  To view the speakers and investors participating at this year's New Energy Symposium, click here. To register, click here. Early bird registration discounts close July 16, 2012.

About Clean Technology in NYC

New York City's dense urban environment, mass public transit system, and extensive parks network help make it one of the most sustainable cities in the world. Combined with the nation’s largest metropolitan market, progressive policy leadership, and strong education and innovation, the City is an ideal location for clean technology companies to locate and grow. To learn more about NYCEDC’s programs and projects that support this fast growing industry, visit Clean Technology & Energy at the Center for Economic Transformation.

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