Micatu Inc (NEXUS-NY Cohort 1) received the $1 million grand prize in the 76West Clean Energy Competition. Six winners out of 175 applicants were awarded funding to help develop clean energy technologies, grow their businesses, create jobs and advance New York’s clean energy economy.
Micatu makes an optical sensor that gives highly accurate voltage readings so utilities can reduce energy use, thereby reducing greenhouse gas emissions. CEO Michael Oshetski says this is a win for the entire region as Micatu plans to create more high-paying jobs for Upstate NY.
(NEXUS-NY Cohort 2) was awarded a $250,000 prize. Based in Binghamton, NY with research derived from Binghamton University, ChromaNanoTech produces a dye that keeps windows transparent, but blocks ultraviolet radiation so buildings stay cooler and air conditioning loads are reduced. Dr. Bill Bernier accepted the prize on behalf of his team.
Other clean energy startups who won prizes include Charge CCV (C4V), Besstech, DatArcs and Global Thermostat.
Applications for 76West Round 2 are open. The deadline to apply is March 13, 2017.