Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

Incubator Expands Opportunities for Entrepreneurs Creating Game-Changing Energy Technologies

Business

It's hard to ascertain how much power exists in Greentown Labs’ numbers—the small business incubator just keeps growing.

The Sommerville, Mass. sustainable startup accelerator started out two years ago as a small group of like-minded entrepreneurs in a Cambridge warehouse bouncing ideas off one another. Their desire to share research and development methods and resources—and some day do so in a cool space—is part of what bound the original members together.

That day came earlier this fall when co-founder Jason Hanna and the other three original members moved into a glossy, energy efficient new space with the other 100 or so people who have have joined Greentown Labs since the early days.

Photo credit: Greentown Labs

“Two years ago, we were just four startups who needed affordable space to build things," Hanna said. "Now, we are home to 28 organizations, 100 employees, a 15-company wait list and a vibrant community that is helping to grow the clean energy ecosystem." All of this has exceeded our expectations in every sense of the word.” 

At 24,000 square feet, Greentown Labs is more than twice the size of the former facility. It contains a prototyping lab, co-located office space, a shared machine and a shared electronics shop. There's also space for functions like the EnergyBar: Sustainable America Edition event, where nine startups will pitch their ideas and vie for a $5,000 cash grant and a year's worth of rent and space at Greentown Labs.

The incubator received energy efficient in-kind support and donations in the form of LED lights, environmentally friendly carpet tiles and a variant refrigerant flow system from Mitsubishi upon its move. Greentown was also the first recipient of a $300,000 working capital loan through Somerville’s new one million dollar revolving innovation fund. Greentown Labs also received a $150,000 loan from the Massachusetts Clean Energy Center.

Clean energy companies at Greentown include Altaeros EnergiesCrowd Solar and Sistine Solar.

"The space itself is designed to be environmentally friendly with [LEDs donated by Digital Lumens] and a high-efficiency HVAC system," said Greentown Labs board member Jason Ethier, whose Dynamo Micropower was the fifth company to join the incubator.

"The environment itself is designed to be that way. We filter companies that come in to build a culture that really focuses on openness, sharing of ideas and customer needs. That helps bring in companies in, but we don't just let anybody in."

Visit EcoWatch’s SUSTAINABLE BUSINESS page for more related news on this topic.

EcoWatch Daily Newsletter

Food Tank

By Danielle Nierenberg and Alonso Diaz

With record high unemployment, a reeling global economy, and concerns of food shortages, the world as we know it is changing. But even as these shifts expose inequities in the health and food systems, many experts hope that the current moment offers an opportunity to build a new and more sustainable food system.

Read More Show Less
Pexels

By Brian J. Love and Julie Rieland

The COVID-19 pandemic has disrupted the U.S. recycling industry. Waste sources, quantities and destinations are all in flux, and shutdowns have devastated an industry that was already struggling.

Read More Show Less
Pixabay

By Kris Gunnars, BSc

Unhealthy foods play a primary role in many people gaining weight and developing chronic health conditions, more now than ever before.

Read More Show Less
A man pushes his mother in a wheelchair down Ocean Drive in South Beach, Miami on May 19, 2020, amid the novel coronavirus pandemic. CHANDAN KHANNA / AFP via Getty Images

The U.S. reported more than 55,000 new coronavirus cases on Thursday, in a sign that the outbreak is not letting up as the Fourth of July weekend kicks off.

Read More Show Less
To better understand how people influence the overall health of dolphins, Oklahoma State University's Unmanned Systems Research Institute is developing a drone to collect samples from the spray that comes from their blowholes. Ken Y. / CC by 2.0

By Jason Bruck

Human actions have taken a steep toll on whales and dolphins. Some studies estimate that small whale abundance, which includes dolphins, has fallen 87% since 1980 and thousands of whales die from rope entanglement annually. But humans also cause less obvious harm. Researchers have found changes in the stress levels, reproductive health and respiratory health of these animals, but this valuable data is extremely hard to collect.

Read More Show Less

Sunscreen pollution is accelerating the demise of coral reefs globally by causing permanent DNA damage to coral. gonzalo martinez / iStock / Getty Images Plus

On July 29, Florida Governor Ron DeSantis signed into law a controversial bill prohibiting local governments from banning certain types of sunscreens.

Read More Show Less

Trending

Oat milk is popping up at coffee shops and grocery stores alike, quickly becoming one of the trendiest plant-based milks. jacqueline / CC by 2.0

By Kelli McGrane

Oat milk is popping up at coffee shops and grocery stores alike, quickly becoming one of the trendiest plant-based milks.

Read More Show Less