3 NEXUS-NY Portfolio Companies Advance to 76West Competition Finals
From competition to commercialization, 76West has the resources your startup needs to succeed
Powered by NYSERDA, the 76West Competition awards money to clean energy businesses in the Southern Tier, or businesses that establish a direct connection and/or create jobs in the area.
The 20 finalists were selected out of the 152 applicants that came from 12 different countries and 27 states. Once again this year, NEXUS-NY portfolio companies have captured spots in the finals. These companies include Capro-X, Ecolectro and Molecular Glasses.
“I’m thrilled to see such a diverse group of companies participating in the 76West Competition, said Alicia Barton, president and CEO of NYSERDA in a statement. “Innovative entrepreneurs such as those leading the finalist companies will bring new solutions to help us tackle climate change and reduce greenhouse gas emissions.”
Capro-X converts dairy industry waste into bio-oil. Ecolectro develops and manufacturers specialty polymers for clean energy, chemical and water applications. Molecular Glasses creates new, low-cost materials for mobile devices that reduce power consumption while providing higher display resolution.
76West is an unparalleled competition focused on growing entrepreneurs and attracting resources from the U.S. and around the world to build clean energy businesses and jobs in New York State’s Southern Tier region. The competition offers $20 million in prize money and support services, including a $1 million top prize.
76West is designed to further develop the regional community of clean energy technology innovators, industry experts, educators, and investors, as well as help startups get early users for their technologies.
Winning clean energy startups that are located outside of New York State will need to demonstrate economic impact in one of four ways to meet prize requirements.
View the complete list of finalists here, and stay tuned for the winners to be announced. Who will win the $1 million top prize?
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