Green Innovations

Developing renewable and clean technology companies in New York

Monday, June 28, 2010

Clean Tech Center Recognized for Advancing Innovative Sustainable Business Practices

The Clean Tech Center, a Syracuse-based business incubator funded by the New York State Energy Research and Development Authority (NYSERDA), has been recognized for its accomplishments by the Institute for Sustainable Development.
The Center, which has assisted more than 100 emerging companies in its first year of operation, received the Institute’s 2010 Green Plus North American Sustainable Enterprise award for its work to help the nation, Central New York, and its members understand the economic benefits of sustainable business practices. It is the second national award the Center received this year for its work to grow Central New York’s economy.

NYSERDA president and CEO Francis J. Murray Jr. said, “This award recognizes that, in just one year, The Clean Tech Center has established itself as an important player in the development of Central New York’s growing clean energy economy. I commend the leadership of The Clean Tech Center and our partners at the CenterState CEO for their vision and hard work to position Central New York for economic growth in the future.”

Linda Hartstock, Vice President of Innovation and Technology for CenterState CEO and Executive Director of The Clean Tech Center said, “We are proud to be part of NYSERDA’s ecosystem. NYSERDA vision in creating innovative programs such as its portfolio of clean energy incubation centers, is positioning New York State as a global leader in advancing sustainability. We’ve enjoyed a tremendous partnership with NYSERDA and look forward to working together to grow the clean energy economy.”

Among The Clean Tech Center’s portfolio of innovative programs and services cited in the award is its annual Green Business Showcase, the largest event of its kind in the northeast, with more than 7,000 annual attendees. In addition, the Institute recognized the Clean Tech Center’s “Green Innovation Exposition” program, which is designed to engage young entrepreneurs in idea formation around green business concepts.

The Center was established with $1.5 million in financial assistance from NYSERDA and provides a facility for the incubation and acceleration of early-stage clean energy companies, and direct financial support.

In April, The Clean Tech Center was selected one of the “Top 10 Global Cleantech Cluster Organizations 2010” in a report produced by Sustainable World Capital.

For more information, visit www.thecleantechcenter.com  or www.nyserda.org