Golden, CO (PRWEB) June 15, 2011
CleanLaunch, Colorado’s Clean Tech Incubator, has officially “opened the doors” at its new facility in Golden.
CleanLaunch, the region’s only incubator 100% focused on clean tech start-ups, has relocated to the Center for Renewable Energy and Economic Development (CREED) at the National Renewable Energy Laboratory (NREL) in Golden. The move was in the planning stages for over two years, and the new CleanLaunch facility offers turn-key office suites and cubicles, with phone, internet, conference/training rooms, a kitchen and more. The CREED offices also provide access to key industry partners such as the Colorado Cleantech Industry Association, Colorado Renewable Energy Collaboratory, the Governor’s Energy Office and Office of Economic Development, and the Colorado Association of Manufacturing and Technology.
“We are thrilled to be co-located with the NREL Commercialization and Deployment team and our other industry partners,” said Stephen Miller, President/CEO of CleanLaunch. “The combined strength of all these organizations will provide an unprecedented level of support for early stage clean tech companies in Colorado.” Miller noted that there are already three new tenants in the incubator: Green Grid Partners, Fleet Energy, and PureSilicon, a Rocky Mountain Clean Tech Open finalist in 2010. These three companies join CleanLaunch’s nine other existing virtual clients, who have collectively raised over $10 million in investment capital over the last 3 years. The first exit (via acquisition) of a CleanLaunch client is anticipated later this year.
CleanLaunch has reviewed over 170 business plans and excutive summaries over the last two years to choose those companies that are now clients of CleanLaunch. The organization also works closely with the Clean Tech Open – Rocky Mountain and the NREL Industry Growth Forum to foster the growth of clean tech and renewable energy companies nationwide, and is a member of the prestigious Clean Energy Alliance, a consortium of incubators pattially funded by the U.S. Department of Energy.
CleanLaunch has a prestigious leadership team of investors and advisors on the Board of Directors, including: Burt Technologies (the former Burt Automotive Group), Fairfield and Woods, Clifton Gunderson, Brownstein Hyatt Farber Schreck, Jefferson County, Arapahoe County, Van Gilder Insurance, the City and County of Denver, and the South Metro Denver Chamber of Commerce. The Board and staff, in turn, are supplemented by over 700 registered CleanLaunch advisors.
“CleanLaunch provides a wonderful one-stop-shopping experience for those interested in clean energy start ups,” according to Mark Gorham, CEO of EcoVapor Recovery Systems. “ERS is about to close our first round of funding, and we have benefited greatly from the CleanLaunch sponsors, the extensive advisor network, and the CleanLaunch connections to investors.”
The CleanLaunch Technology Incubator’s mission is to stimulate the development and success of early-stage companies who will provide the next generation of clean, renewable, and efficient energy technologies. CleanLaunch helps clean tech companies assemble solid management teams, secure adequate funding, and accelerate the commercialization of sound product ideas into the market. CleanLaunch provides business advisory services, fundraising preparation and introduction to investment capital providers, and low-cost, turn-key office, industrial, and research space.
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