ThermoLift, which is being incubated by the NYSERDA supported Clean Energy Business Incubator Program (CEBIP) at Stony Brook University, will receive a supplemental $250,000 cash award and extensive in-kind technical consultation from the U.S. Department of Energy as part of the Wells Fargo Innovation Incubator, designed to promote innovative cleantech for commercial buildings.
ThermoLift is developing a highly efficient, natural-gas-driven heat pump. It is asssisted by CEBIP and resides at the Stony Brook’s Advanced Energy Incubator. It is one of only 10 companies nationally accepted into Wells Fargo’s five-year, $10 million program. For more information, please see the Wells Fargo news release.