Developing renewable and clean technology companies in New York
Wednesday, July 14, 2010
GE's Ecomagination Challenge
Do you have ideas for the improvement of our current power grid? GE announced yesterday an open challenge to businesses, innovators, entrepreneurs and students to share their ideas on how to build the next-generation power grid. The GE Ecomagination Challenge gives entrants the opportunity to develop a business relationship with GE giving them access to GE's valuable networks/connections and up to $200 million in capital to help turn ideas into reality.
In cooperation with Emerald Technology Ventures, Foundation Capital, KPCB and Rockport Capital, GE is offering a total of $200 Million to the best ideas. GE is looking for submissions in three general categories: Renewable Energy, Grid Efficiency and EcoBuildings/Homes.