NextEnergy scores $745K grant for clean-tech startups

NextEnergy is receiving several hundred thousand dollars in federal grant money to help it further entrepreneurial outreach and develop clean-tech startups.

The New Center-based nonprofit is splitting a large grant with Clean Energy Trust. The $745,000 grant comes from the U.S. Department of Energy Office of Energy Efficiency and Renewable Energy. It will fund the creation of The Bridge, which will offer a suite of services for early-stage technology companies in Michigan, Illinois and the Midwest region.

"It will be predominately based here at NextEnergy," says Jean Redfield, NextEnergy's president & CEO.

The Bridge will offer incubation services for startups and entrepreneurs specializing in transportation, the grid, and the built environment. The program will offer entrepreneurial training, access to technology partnerships, and demonstration platforms. The idea is to work with local entrepreneurial communities to help accelerate the process of turning more research into viable commercial ventures for the region’s existing manufacturing base.

"There is a significant amount of supplier and OEM activity in these three areas (Michigan, Indiana and Illinois)," Redfield says.

Source: Jean Redfield, president & CEO of NextEnergy
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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