The Innovation and Business Development group at NYSERDA, which sponsors the Clean Energy Business incubator Program hosted by our member Stony Brook University Incubator Programs, has published an excellent case study of how CEBIP has assisted four client companies, two resident at the university’s Advanced Energy Center in its Research and Development Park, and two at existing commercial facilities off-site:
- Solar Cool, a student-initiated venture now developing a solar-power cooler with applications in leisure markets as well as transportation of temperature-sensitive medicine and vaccines;
- ThermoLift, Inc., developing a highly efficient heat pump system;
- WATT Fuel Cell Corp., developing a solid-oxide fuel-cell system;
- Havelide Systems, developing a new technique for converting natural gas to liquid for easier transport.
The case study also does an excellent job explaining how the CEBIP integrates with other aspects of the Long Island venture ecosytem such as Long Island Angels, and with other aspects of state policy such as the Innovate NY Seed Capital Fund and the START-UP NY tax-free zones. For more, please read the study.