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NEXUS-NY 2018 Tag

By Natasha Vaughn | Binghamton Press & Sun-Bulletin The New York State Energy Research and Development Authority announced three Ithaca businesses and an Endwell company are among 20 finalists in its $2.5 million clean energy competition. The 76West Clean Energy Competition awards money to clean energy businesses in...

Proof-of-concept demonstrates that an idea is feasible

Demonstrating proof-of-concept is one of the first steps in the innovation process, when new possibilities for products, services or processes are identified and prototyped.

Aiming to catalyze and accelerate clean energy startups in New York State, NEXUS-NY helps move research-derived innovations from labs to the marketplace. 10 New Clean Energy Companies were chosen to participate in our latest proof-of-concept accelerator.

Each team selected has now completed phase one of the NEXUS-NY program, having spent the last several months developing and testing numerous business hypotheses through interactions with potential customers and industry participants. The desired outcome is to validate whether a viable and scalable business model exists, and to decide whether and how best to pursue their commercialization objectives.

In this three-part series on proof-of-concept, we’ll learn from several of the teams selected to move forward into NEXUS-NY Phase 2. Here’s how Verdimine, RemWell and Capro-X are using proof-of-concept to commercialize their technology.

By Camila Araujo, Koffman Southern Tier Incubator Binghamton University researchers have been chosen to participate in NEXUS-NY, thanks to their work on dielectric capacitors, devices used to store electric charge that have applications from radios to heart defibrillators. BingCap, a team led by Tara P. Dhakal, an assistant professor...

NEXUS-NY kicks off another year of supporting New York-based clean energy innovations Fundamental research is one critical precursor to the commercialization of disruptive innovations. At any one time, hundreds of university scientists are pursuing cutting-edge energy research across New York State. NEXUS-NY engages a subset of...