Tag: LACI

VentureWell and Los Angeles Cleantech Incubator Partner to Accelerate Cleantech Startups

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Los Angeles, CA (October 3, 2016) — VentureWell and the Los Angeles Cleantech Incubator (LACI) announced today that they completed the first of two three­-day workshops designed to prepare cleantech­-focused startups for investment and critical partnerships. The program, Accelerating Startup Partnerships and Investment Readiness (ASPIRE), challenges startups to use milestone­ and evidence­-based thinking as they plan not just for product development, but also for development of a strong business case that can attract the appropriate strategic partners and investors necessary to bring these products to market.

ASPIRE is an extension of VentureWell’s E-­Team Program, which has been generously supported since its inception twenty years ago by The Lemelson Foundation. The E­-Team Program helps university innovators move their inventions to market; through tools, training and mentoring, ASPIRE helps a broader community of innovators that have emerged from this and similar programs. “ASPIRE is helping science and technology entrepreneurs better position their ventures to become investment­-ready and secure next­-round funding,” said Phil Weilerstein, VentureWell President and CEO.

LACI has built a strong reputation by working with early stage companies to engage customers, secure first professional investment, prove their business model and scale the business. “VentureWell is a leader in working with companies at their earliest stages of development and a natural complement to our focus on the later stages,” said Erik Steeb, Chief Programs Officer at LACI. “Through the new ASPIRE program, LACI and VentureWell are lighting the commercialization pathways and helping startups navigate the journey from their earliest stages of venture formation through market success.”

The ASPIRE program is supported by a grant from the Ewing Marion Kauffman Foundation as part of the Foundation’s initiative to fund exemplary organizations that help entrepreneurs launch and grow their businesses.

The first ASPIRE cleantech workshop, held on Oct. 3-­5, focused on helping participants evaluate themselves in the context of “the big picture:” identifying key players, questioning assumptions, taking stock of key risks, and assessing the needs of key stakeholders. The second workshop, being held November 16­18, will focus on helping participants articulate how they plan to use key resources in order to achieve specific milestones, while identifying and refining their pitches for partners and investors they hope to engage at each stage.

Examples of startups participating in the workshop include:

  • ADC Energy ­­ DC microgrid lighting system based on DC ‘piggybacked’ onto AC flow with zero conversion
  • MegaMatter ­­ Non­toxic flame retardants for plastics and foams, replacing banned, toxic versions
  • RealGreen Power, Inc. ­­ Modular toilet systems for remote locations that treat and reuse recycled water
  • BioCellection ­­ Biotech platform that can scalably upcycle plastic pollution into valuable biosurfactants for textiles
  • Wavve Stream, Inc. ­­ Cost­effective and biodegradable gel via shrimp shells, for the efficient removal of heavy metals and harmful chemicals in water

The eleven teams will be coached in October on vital issues related to incorporation, governance, and preparation for due diligence.

About VentureWell
VentureWell is a non­profit that fosters new ventures from an emerging generation of inventors and supports the innovation and entrepreneurship ecosystems that are critical to their success. We do this by building innovative communities of practice, including faculty from multiple disciplines, and by funding and training science and technology innovators at the earliest stages of developing products and ventures with high potential for socially-beneficial impact. Inventions created by VentureWell grantees are reaching millions of people in more than 50 countries. Visit www.venturewell.org to learn more and connect with us.

About LACI
The Los Angeles Cleantech Incubator (LACI) is a private non­profit organization helping to accelerate the commercialization of clean technologies by offering flexible office space, CEO coaching, mentoring, and access to a robust network of partnerships and capital. LACI was founded in 2011 as a cluster­-driven economic development initiative supported by the City of Los Angeles, LADWP and the Community Redevelopment Agency of Los Angeles. Recognized as one of the most innovative business incubators in the world, LACI identifies local entrepreneurs across multiple cleantech business sectors and guides them to market, creating jobs that advance LA’s green economy. In just five years, LACI has helped 60 companies raise $78M in funding, created 1,150 jobs, and delivered more than $230M in long term economic value for the City of Los Angeles. LACI operates out of the La Kretz Innovation Campus with satellite offices in Northridge, CA and Silicon Valley and is the organizer of GloSho and founder of the Network for Global InnovationNGIN. For additional information, please visit: newlaci.staging.wpengine.com.
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Grand Opening of La Kretz Innovation Campus Celebrates New Cleantech Hub for Los Angeles

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LADWP and LACI Launch Full Day of Green Technology Activities with Ribbon-Cutting Ceremony Featuring Mayor Eric Garcetti and City Leaders

LOS ANGELES–(BUSINESS WIRE)–The City of Los Angeles, Los Angeles Department of Water & Power (LADWP) and Los Angeles Cleantech Incubator (LACI) today announced the official Grand Opening of the La Kretz Innovation Campus. The fully renovated building located at 5th and Hewitt Streets in the dynamic Arts District of Downtown Los Angeles comprises 3.2 acres and is owned by the Los Angeles Department of Water and Power.

“The La Kretz Innovation Campus embodies the ambition and forward thinking that make Los Angeles a world center for green industry,” said Mayor Garcetti. “This campus will foster innovation, create jobs, and set an example for cities everywhere. Clean technology is not only smart and responsible but also a terrific growth opportunity. For all those reasons, we should invest our time and resources into making it a huge success.”

“By utilizing this space to showcase all of the latest green technologies, we hope to inspire customers, both residential and commercial, to adopt some of the systems for themselves,” LADWP General Manager David Wright said. “The La Kretz Innovation Campus not only showcases the clean tech available to customers today, but it also allows the innovation and development necessary to create the products of tomorrow – boosting LA’s economy along the way.”

LACI helps manage the La Kretz Innovation Campus, recruiting entrepreneurs, organizations and community thought leaders focused on the region’s clean energy sector to rent space and develop businesses within the building. The shared-space design allows emerging cleantech portfolio companies and LADWP engineers to work side-by-side with leaders in innovation and environmental sustainability, receiving guidance and mentorship as they develop new technologies that both grow Los Angeles’ economy and promote sustainability amongst Angelenos.

Fred Walti, CEO and President of LACI, stated, “The purpose of the La Kretz Innovation Campus is to provide solutions, both in terms of economic growth for the City of Los Angeles and through sustainability innovations and partnerships. We have already had the privilege of hosting Vice President Joe Biden at the campus, in addition to the Administrator of the U.S. Small Business Administration, Maria Contreras-Sweet, Chair of the LA County Board of Supervisors, Hilda Solis, and many of the world’s top sustainability leaders, including members of the C40 Group.”

LACI, founded in 2011, has already helped 61 companies raise $78 million in funding, creating 1,150 jobs and delivering more than $230 million in long term economic value for the City of Los Angeles. LACI is currently the #3 Ranked Global Incubator by UBI Global. Recognized as one of the most innovative business incubators in the world, LACI identifies local entrepreneurs across multiple cleantech business sectors and guides them to market, creating jobs that advance LA’s

Read the full press release at http://www.businesswire.com/news/home/20161007005539/en/Grand-Opening-La-Kretz-Innovation-Campus-Celebrates

Contacts

Laurie Peters
Communications Director
LACI
lpeters@laincubator.org
818.635.4101

or

Amanda Parsons
Manager of Media Relations
LADWP
Amanda.Parsons@LADWP.com
213-367-1361
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Sustainable City pLAn 2015-16

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In LA Mayor Eric Garcetti’s Sustainable City pLAn First Annual Report for 2015-16, LACI gets called out in the Prosperity and Green Jobs section (chapter 8) for it’s UBI  global ranking among cleantech incubators, as well as it’s success with portfolio companies and jobs created. LACI portfolio company Pick My Solar is noted in Local Solar (chapter 2) for the outstanding progress they made in 2015.

Other local heroes mentioned in the report include the LADWP, CicLAvia, RIVER LA,  Climate Resolve and Homeboy Industries – all saluted for all their continuing efforts to build a sustainable LA.

LACI offers congratulations to all the Angelenos recognized in the Annual Report, hard at work to make the Mayor’s pLAn a success!

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OriginClear Forms Strategic Partnership with LACI

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Sets new HQ at LACI’s La Kretz Innovation Campus, plans to mentor water startups

OriginClear Inc. (OTC/QB: OOIL), a leading provider of water treatment solutions, today announced that it has agreed to become a strategic partner of the Los Angeles Cleantech Incubator (LACI), a non-profit organization led by the City of Los Angeles and its Department of Water and Power (LADWP), that helps local companies accelerate the commercialization of clean technologies. OriginClear has relocated its headquarters to the La Kretz Innovation Campus (La Kretz) in downtown Los Angeles and intends to support the cleantech community by mentoring entrepreneurs in the newly-formed cluster of water technology startups.

“OriginClear has been a cleantech pioneer in our city for nearly a decade, and we welcome its shoulder to the wheel at La Kretz,” said Matt Petersen, Chief Sustainability Officer of the City of Los Angeles. “It’s companies like OriginClear that are helping to resolve our pressing water problems, and we’re grateful for their work to share lessons learned with the rest of the world.”

OriginClear is a longtime supporter of initiatives such as CleanTech Los Angeles, the California Business Alliance for a Clean Economy, and the Sustainable Business Council of Los Angeles.

“We have built big, all the way to commercial scale, at our mid-city headquarters,” said Riggs Eckelberry, OriginClear CEO. “Now we’ve turned high tech and the more than $5 million in testing and prototyping equipment at La Kretz is exactly what we need to support our scientific programs and export our technology.”

Eckelberry added, “We are excited that our own Department of Water and Power is funding a major portion of La Kretz, with an R&D lab and demonstration labs. LADWP is the most innovative municipal utility in the nation, making this the most exciting place to be for water in the United States, and perhaps the world.”

LACI is a world-class technology incubator, recently ranked #3 on the list of World Top University Associated Business Incubators for 2015, from a field of more than 1,200 incubators worldwide.

“As we acquire more fast-growing companies in the water services sector, our new base at La Kretz will be a major asset,” said Bill Charneski, President of the OriginClear Group. “Our subsidiaries throughout the USA will be able to tap resources far beyond what is available to them locally.”

In addition to its Los Angeles technology center, OriginClear maintains an active partnership with California State University at Bakersfield (CSUB), where it is helping to develop methods to safely reuse produced water for irrigation, and also helping oil industry workers train for careers in water reclamation.

OriginClear is rapidly increasing its capabilities by acquiring profitable companies that provide systems and services to treat water in a wide range of industries, such as municipal, pharmaceutical, semiconductors, industrial, and oil & gas. It completed the acquisition of the first such company, Dallas-based Progressive Water Technology (PWT), on 1 October, 2015.

To learn more about OriginClear®, please visit their website at www.originclear.com.

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Hive Lighting Wins 2016 Award of Excellence at NAB

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LACI Portfolio company Hive Lighting’s new 1000 Watt Plasma Bulb successfully debuted at NAB (National Association of Broadcasters) Show 2016 in Las Vegas last week. The 1000 Watt Plasma Bulb took home a 2016 Award of Excellence from ProductionHUB, the global network of freelancers, crew and vendors. The Awards of Excellence recognize the innovation in technology and practice from the NAB Show Floor, the anchor event of the industry.

“We interview hundreds of exhibitors from trade shows across the country to make sure our users are up to date on the tech and skills needed to succeed on set and in the workforce,” says Katrina de Leon, Director of Marketing for ProductionHUB. “Because of this focused view, we are in a unique position to select and spotlight the best of the best from the NAB Show.”

To finalize the award selections, ProductionHUB used a combination of the following criteria: nomination form entries, expert opinion from both industry icons and the ProductionHUB leadership team, and direct feedback from attendees at the show.

The 1000 Watt Plasma Bulb generated lots of buzz on the trade show floor, resulting in interviews with No Film SchoolAbelCine, a feature in ICG Magazine’s April 2016 Gear Guide and more.

Hive’s new 1000 Watt Plasma Bulb is 5 times brighter than their 250 Watt Plasma Bulb, has a CRI of 98, making it the brightest light you can plug into the wall. Pulling only 9.5 amps of power, the 1000 Watt is the equivalent output of a 2,500W HMI or 10,000W Tungsten Incandescent but costs almost 40% less to purchase and over 50% less to operate. All of Hive’s Plasma Fixtures are manufactured in Los Angeles, CA, USA. 

The 1000 Watt Wasp Plasma Par and 1000 Watt Bee Plasma Flood are available now for pre-order and will be available for sale at Cine Gear Expo in June.

Find out more about Hive Lighting at hivelighting.com

Read more about the ProductionHUB NAB Awards of Excellence here

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LACI Welcomes Computrols as a Sponsor and Mentor

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Building automation manufacturer, Computrols, Inc., has recently joined the ranks of LACI’s list of sponsors. We are excited to welcome Computrols not only as a sponsor but also as an advisor and mentor to our up and coming companies whose aim is to build more sustainable buildings.

Computrols’ cutting edge building automation technology gives building owners and their tenants more control over their HVAC, access control, lighting, and fire alarm systems, creating a safer and healthier environment. All of Computrols products are manufactured at their headquarters in New Orleans, LA and are backed by a lifetime warranty. Computrols Building Automation Software (CBAS) is built to be the simplest to use building automation system on the market, as it easily integrates into third party systems and is simple enough to allow their customers to be self performers.

VP of Operations, Drew Mire, will be Computrols’ representative for LACI’s mentor program. When asked about joining LACI, Mire said, “As a company, we are excited to further expand our footprint on the west coast and are proud to be a part of LACI, to help foster the growth of clean technology in the Los Angeles area.”

Computrols growth into the Southern California market began in 2012 when their team completed a retrofit project for Saddleback Community College in Mission Viejo, California. They currently have multiple projects in process at Saddleback, all of which are being managed by their local representative, Bobby Rodriguez.

We happily welcome Computrols to the LACI family and look forward to their contributions.

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Verge Hawaii – Asia Pacific Clean Energy Summit

Verge Hawaii Asia Pacific Clean Energy Summit

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Verge Hawaii
Asia Pacific Clean Energy Summit
June 21-23, Honolulu, HI

Are you developing an innovative solution in distributed or renewable energy, transportation, agriculture, water, or cybersecurity? Apply now to participate in VERGE Accelerate this June 21-23 at VERGE Hawaii: Asia Pacific Clean Energy Summit in Honolulu.

The State of Hawaii’s game-changing mandate to generate 100% renewable power in the electricity sector by 2045 will require new technologies and business models that address market opportunities at the intersection of technology and sustainability.

If you are an early-stage company and meet the eligibility criteria, this opportunity is for you. Click here to learn more about how you can pitch to VERGE Hawaii’s live audience of 600+ business leaders, government officials and investors, as well as to a global online audience of thousands more. Nominations will be accepted through April 6.

Apply Here by April 6
https://www.greenbiz.com/events/verge/honolulu/2016/accelerate-pitch

Register here
https://www.greenbiz.com/events/verge/honolulu/2016/registration

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LACI Portfolio Company Ayyeka Chosen as Runner-up In 2016 Water Data Challenge

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LACI congratulates Ayyeka on it’s great showing at Imagine H2O’s 2016 Water Data Challenge. Ten promising data-driven water businesses were selected from a global field of 90 startups in 20 countries to participate in IH2O’s 7th annual innovation program. Winning teams will participate in IH2O’s rigorous business accelerator, benefitting from cash awards, mentorship, industry exposure, as well as introductions to customers and investors.

“Data is a fundamental tool to improve how we monitor and manage water,” said Andy Wheeler of GV (formerly Google Ventures) who served on the judging panel. “Imagine H2O’s Data Challenge attracted some of the most promising data solutions to tackle pressing water challenges globally.”

Ayyeka is gaining great traction in the field of water and wastewater instrumentation monitoring and control systems. They are nearing completion of their first full scale implementation of their systems with the Cincinnati Municipal Wastewater District and are in the planning stages of a pilot project with the Los Angeles Department of Water & Power.

The Challenge’s winner was Ceres Imaging (Oakland, CA), a breakthrough aerial imaging solution for agriculture. Offering a proprietary imaging technology and analytics platform currently unmatched in the industry, Ceres provides farmers affordable access to actionable data to manage water stress and fertilizer application.

Ayyeka and Apana (Spokane, WA), a commercial water use management and detection platform, were both recognized as runners-up. IH2O’s 2016 cohort offered a full range of innovative data solutions to critical water issues and all ten selectees were showcased at the organization’s annual Water Gala on March 16 in San Francisco.

You can read more here http://www.prnewswire.com/news-releases/water-innovation-accelerator-showcases-promising-data-startups-300237238.html

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Repurpose Product Featured on Showtime Series “Billions”

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LACI Portfolio Company Repurpose was featured on Season 1 episode 4 of the hit Showtime show Billions starring Paul Giamatti (Sideways) and Damian Lewis (Homeland). The award-winning Repurpose insulated hot cup is being enjoyed by the US Attorney (Giamatti) and his co-workers while they plot to take down the criminal hedge fund manager (Lewis).

Repurpose® has created a line of sustainable tableware made exclusively from plants and they are on a mission to reduce the amount of plastics in the environment, offering high quality, durable, and guilt-free renewable alternatives.

The product placement was achieved in partnership with Green Product Placement, a first-of-its-kind agency helping environmentally friendly products find their way into film and television. This is not the first major placement for Repurpose and GPP, as Repurpose’s cup was featured prominently on Season 1 of House of Cards. Repurpose products have also been seen in shows like VEEP and The Good Wife

For more information on Repurpose, go to https://laincubator.org/portfolio-companies/repurpose/ and http://www.repurposecompostables.com/#intro

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Hive Lighting’s Rutherford and Miller Receive IPA Tesla Award

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Hive Lighting’s Rutherford and Miller Receive IPA Tesla Award

LACI Portfolio Company HIVE Lighting’s co-founders Robert Rutherford and Jon Edward Miller were honored along with Actors, Filmmakers and Technicians gathered for the star-studded 20th annual International Press Academy awards, on Sunday Feb. 21, 2016 at the Intercontinental Hotel in Century City, Calif.

Rutherford and Miller were honored for Hive’s energy efficient, full spectrum, flicker-free plasma lighting systems in the category of Visionary Achievement in Filmmaking Technology for 2015.

“This award is both a gratifying recognition of [Hive Lighting’s] ethos and a challenge for all of us at Hive Lighting to live up to this award’s promise to ‘influence future generations and give rise to further innovation’. We are only just getting started.” said Miller. Rutherford added, “To anyone here working hard on a dream, let this award remind you to keep going, because it may take longer than expected, but as Tesla said, you ‘will prevail in the end and make it a triumphal success.’” Past recipients of the Tesla Award include Director and Inventor James Cameron, George Lucas, Cinematographer Roger Deakins and SteadiCam inventor Garrett Brown.  

The IPA is the largest group of international and domestic entertainment journalists and their annual awards honor the best in film, television and new media. The IPA is the only major awards show comprised of international and domestic entertainment journalists and critics that give awards to film, television, new media and interactive and digital every year. The more than 100 members hail from more than 20 countries.

For a complete list of winners and nominees, as well as photos from the event, go to www.pressacademy.com.

For More on Hive Lighting:

http://hivelighting.com

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