Share
There was an early morning Zoom celebration heard around at least a few homes in the Valley Wednesday.
The U.S. Department of Energy (DOE) announced selections for the prize portion of the Energy Program for Innovation Clusters , and a team from Fresno was one of the winners.
The Water, Energy and Technology Center (WET Center) at Fresno State won $50,000.
The EPIC prize seeks to recognize the most innovative and impactful incubators focused on developing strong regional innovation clusters for energy-related technology and entrepreneurship.
“We’ve been working for the past 4 or 5 years to create an innovation cluster around energy technology in the Central Valley.”–WET Center program manager Helle Petersen
WET Center
“We’ve been working for the past 4 or 5 years to create an innovation cluster around energy technology in the central valley,” WET Center program manager Helle Petersen tells GV Wireâ„ by Zoom. The center is not funded by Fresno State so they rely on grant money to deliver their programs to the Valley.
“We’ve been able to identify some gaps that are limiting the impact we’d like to see energy entrepreneurs even further,” says Petersen.
She says they want to fill those gaps to make the Valley even more competitive around the commercialization of innovative energy technologies.
One of the big gaps she sees? Investment readiness that prevents local companies from being what Petersen calls, ‘investment worthy.’ Part of they ways the WET Center will help do this is to assist local companies assemble the right kind of team, the right type of documentations they’ll need, and prepare them for meetings with investors.
https://www.facebook.com/WETcenter/posts/202904317863769
$50,000 Prize
The Department of Energy gave out a total of $1 million dollars among 20 organizations throughout the country.
“We’re going to use this program (prize money) to bolster our capacity as a team,” said Petersen. “For the most part, we don’t charge money for the programs we offer (to companies) because we have access to grant funding that allows us to help many entrepreneurs and innovators at no cost.”
RELATED TOPICS:
Lawyer Says Iran Rapper Famous for Songs After 2022 Killing of Mahsa Amini Sentenced to Death
2 hours ago
Supreme Court Seems Skeptical of Trump’s Claim of Absolute Immunity But Decision’s Timing Is Unclear
3 hours ago
Hamas Official: We’ll Put Down Arms if an Independent Palestine Is Created
4 hours ago
Tennessee Legislators Join Movement Permitting Teachers to Carry Guns in Schools
4 hours ago
Jayden Daniels Downplays Issues With Commanders, Says He’d Be ‘Blessed’ to Go No. 2 Overall
4 hours ago
Ex-State Department Official: Israeli Military Gets Preferential Treatment on Abuses
4 hours ago
Down 2-0, the 76ers, Magic & Lakers Hope for Homecourt Lift
4 hours ago
US Growth Slows Sharply Amid High Interest Rates and Inflation