North Shore Innoventures Announces $88,000 Grant from DOE-CEA Partnership

North Shore Innoventures Announces $88,000 Grant from DOE-CEA Partnership

Cea : Spain | Oct 29, 2012 at 9:42 AM PDT
Source: PRWeb
Views: Pending

New England’s leading technology incubators and business accelerators and a member of the Clean Energy Alliance, announced that it has received awards from the Department of Energy Small Business and Clean Energy Alliance Partnership (DOE-CEA Partnership) to provide incubation and specialized services to six of its member companies operating in the cleantech marketplace. We are pleased that they have been recognized by the DOE-CEA Partnership program and that we are providing them with additional help on their road to commercialization.”

North Shore Innoventures operates technology business incubators to nurture innovative early stage companies and support sustained economic growth in the North Shore region. Massachusetts, and provides creative business acceleration services that increase the success rate for early-stage companies and their investors. The Department of Energy Small Business and Clean Energy Alliance Partnership was created with a $1.2 million grant through the American Recovery and Reinvestment Act to fund commercialization and acceleration services by CEA member incubators to qualifying small cleantech firms...Groelinger, Executive Director of the Clean Energy Alliance. “This is what the DOE-CEA Partnership is all about. We welcome these companies into the Partnership and look forward to watching the impact of this important collaboration during and subsequent to the program.”

About CEA
The Clean Energy Alliance (CEA) is a national organization of non-profit incubators with a focus on cleantech commercialization. CEA Members are highly-skilled incubators and accelerators that offer a wide range of expertise and facilities in all areas of clean energy technologies. CEA's mission is to develop and provide to its members practices and resources that support clean energy business incubation, entrepreneurial mentoring and development, and technology commercialization. Cummings Center in Beverly, MA, site of a burgeoning cluster of more than sixty life sciences and cleantech businesses...Its management, board of directors, advisory board, and mentors bring a wealth of entrepreneurship experience in addition to business development and technical expertise. Further support comes from sponsors who contribute marketing, legal, operational and educational services.

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