Green Innovations

Developing renewable and clean technology companies in New York

Tuesday, July 20, 2010

Funding awards for five Upstate New York companies.

Five Upstate New York companies are the fifth-round winners of Commercialization Assistance Program (CAP) awards, a program of CenterState CEO that is administered by the SyracuseCoE. The purpose of the CAP awards is to promote the commercialization of innovative clean technologies. $245,475 was distributed among five Upstate New York winners, including: ACT Bioenergy (Schenectady, NY); Orthogonal (Ithaca, NY); Cameron Manufacturing & Design (Horseheads, NY); Vette Corp. (Ontario, NY); and e2e Materials (Ithaca, NY). The funding is designed to accelerate the path to commercialization.




ACT Bioenergy, a company that is pioneering the production of commercial-scale, high efficiency wood pellet/chip gasification boilers in the United States, was awarded a $50,000 CAP award. If only 10% of New York households switched to wood heating, an estimated 10,000 jobs would be created directly along with as many as 61,000 multiplier jobs. For more information about ACT Bioenergy refer to our June 23rd blog post at http://cleantechny.blogspot.com/2010/06/act-bioenergy-boiler-helps-wild-center.html or visit ACT's website at http://www.actbioenergy.com/.

Orthogonal Inc. is in the process of commercializing a patent pending photoresist for producing organic electronics including photovoltaics and energy-efficient solid-state lighting. Such a photoresist will drastically reduce the cost of producing clean energy technologies, increasing the economic viability of their use for a wide range of applications. Orthogonal Inc. was awarded a $50,000 CAP award. For more information on Orthogonal Inc. visit http://www.orthogonalinc.com/.
 


Cameron Manufacturing & Design is in the process of creating a comprehensive commercialization plan for their patented grid electrode precipitator, a device that removes air contaminants. Cameron Manufacturing &Design was awarded a $46,475 CAP award. For more information visit http://www.blogger.com/goog_428754842.



Coolcentric, a division of Vette. Corp has teamed up with IBM to create “The Open Sidecar,” a passive in-row data center cooling product, which ejects heat without the use of fans. The Open Sidecar is 2-3 times more efficient than its competitors and up to 10 times more efficient than legacy air-cooling solutions. Although only 1.5% of our nations energy use comes from data centers, a saving of only 10% of data center energy would save 10.7 billion kilowatt-hours per year the same amount of energy as roughly one million homes. Vette. Corp was awarded $50,000 in the awards  For more information visit http://www.vettecorp.com/.





E2e Materials, a company that specializes in the production of petroleum free, biodegradable composites, received a $50,000 CAP award to aid in the development of new prototype composites. E2e has the potential to revolutionize the composite market, putting New York State on the front lines of the industry.
For more information on e2e Materials refer to our July 12 blog post at http://cleantechny.blogspot.com/2010/07/ithaca-based-company-has-solution-to.html or visit e2e’s website at http://www.e2ematerials.com/.

The funding for the Commercialization Assistance Program was secured by New York Assemblyman William Magnarelli.