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Start-up receives funding to develop technology to reduce climate change

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Several southern level projects will be accelerated with this funding intended to fight against climate change.

BUFFALO, NY Governor Cuomo announced Thursday that the state plans to distribute $ 6 million to various projects and technologies that support New York’s energy goals and the state’s efforts to combat climate change.

Recipients include 43North winner “Cleanfiber”. The startup manufactures building insulation from recycled corrugated cardboard.

The state claims to invest in entrepreneurial projects that they believe advance low carbon and clean energy solutions.

“New York has built a green energy economy that supports businesses, from inception to commercialization, to build a cleaner, more sustainable future for our state’s communities, in line with the goals of our ambitious, leading climate agenda. national, ”Governor Cuomo said. . “We need to invest in these valuable entrepreneurial programs that attract new technologies and businesses in our efforts to reduce carbon emissions, fight climate change, and deliver environmental benefits to all New Yorkers.”

The following projects will share $ 3 million in “Accelerate Southern Tier Awards”. These awards are designed to stimulate research into clean energy that could turn into clean energy startups:

  • Cornell University, Ithaca, NY – Cornell University’s Rev Napkin-to-Prototype Accelerator was awarded to help entrepreneurs bring climate technology ideas to market as part of an eleven-week, cohort-based hardware accelerator.
  • Cornell University, Ithaca, NY – Cornell University’s Diversity and Inclusion in the Regional Clean Energy Innovation Ecosystem Program was awarded to help participants from under-represented communities start climate technology companies and grow their businesses. This project is supported by the Cornell Center for Regional Economic Advancement in partnership with Chloe Capital.
  • Binghamton University, Binghamton, NY – EmpowerST from Binghamton University: Empowering Energy Storage Entrepreneurship in the Southern Tier, received this award for its scholarship program to help entrepreneurial scientists develop prototypes for breakthrough energy storage technologies and helping existing businesses transform current systems.
  • Jamestown Public Services Board, Jamestown, NY – The Jamestown Board of Public Utilities’ Manufacturing the Clean Energy Future in the Southern Tier program has been awarded to help new and existing climate technology companies grow, relocate and expand in the region with business support and manufacturing resources.

An additional amount of $ 3 million in non-dilutive counterpart investments is made under the NYSERDA Co-Investment Fund. The provisions of these rewards are that each company has at least twice as many qualifying private equity investments. In addition, they are working on innovations in hardware, software and other clean energy sectors that help fight climate change and promote clean energy:

  • Cleanfiber, LLC, Buffalo, New York – manufactures high performance building insulation, made from recycled corrugated cardboard to improve home insulation, which can reduce energy costs.
  • ConnectDER, Falls Church, VA – Advance next-generation technology with an adapter that connects a customer’s meter to a utility’s all-in-one tap point for solar power, storage, electric vehicles and additional technologies , helping consumers avoid costly upgrades. The company has partnered with Con Edison to make its technology available to new residential solar customers in New York and Westchester County.
  • Ekostinger, Rochester, NY – develop aerodynamic devices for semi-trailers which reduce emissions by saving fuel consumption, thus reducing carbon emissions.
  • Enertiv, Brooklyn, New York – provides a platform that unlocks and leverages building data, from static documents to legacy software, connects to Internet of Things (IoT) devices and systems to reduce operating expenses, maintenance and repairs, services public and capital expenditure reserves of building owners and operators.
  • Graphenix Development, Inc, Rochester, NY – manufactures advanced ultracapacitor electrodes and silicon anodes, which will increase Li-ion energy densities to enable repeated fast charging for energy storage applications.
  • Skyven Technologies, Richardson, Texas and Binghamton, NY – create customized clean energy systems that reduce or eliminate fuel consumed in industrial manufacturing processes, increase energy efficiency and switch factories to zero carbon energy sources.

2 On Your Side followed up with NYSERDA and the Governor’s Office to ask why two out-of-state companies are receiving these awards and funds.

RELATED: 43North Reinvests In Three Winners. Here is what they will do with the money.

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