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Positioning NH and UNH in the New Energy Economy Jesse Devitte , CEO, Borealis Ventures Kevin Gardner, UNH Ross Gittell, UNH George Hurtt, UNH Richard Ober, VP, NHCF Venky Venkatachalam, UNH Founding Team Members

Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

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On March 5th, 2010 the UNH Wildcats, Whittemore School of Business, New Hampshire Division of Economic Development and Public Service of New Hampshire hosted a unique afternoon workshop at UNH aimed at building teams, developing effective leaders and stimulating innovation.The "Wild for Innovation" workshop was developed specifically for New Hampshire business leaders and their teams, and included presentations like this one, on the Green Launching Pad initiative, by George Hurtt and Venky Venkatachalam.

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Page 1: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

Positioning NH and UNH in the New Energy Economy

Jesse Devitte , CEO, Borealis VenturesKevin Gardner, UNHRoss Gittell, UNH

George Hurtt, UNHRichard Ober, VP, NHCFVenky Venkatachalam, UNH

Founding Team Members

Page 2: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

Green Launching Pad

• Collaborative Partnership of Key Stakeholders

• Founded at the Intersection of Economic and Environmental Concerns

o to Advance State Economy o and in Support of the State Climate Action Plan

www.GreenLaunchingPad.orgFebruary 13, 2010

Page 3: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

Climate Change 2007- The Physical Science Basis

April 10, 2023 www.GreenLaunchingPad.org

Page 4: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

April 10, 2023

1. Efficient vehicles2. Reduced use of vehicles3. Efficient buildings4. Efficient baseload coal plants5. Gas baseload power for coal

baseload power6. Capture CO2 at baseload power

plant7. Capture CO2 at H2 plant8. Capture CO2 at coal-to-synfuels

plant9. Nuclear power for coal power10. Wind power for coal power11. PV power for coal power12. Wind H2 in fuel-cell car for

gasoline in hybrid car13. Biomass fuel for fossil fuel14. Reduced deforestation, plus

reforestation, afforestation, and new plantations

15. Conservation tillage

www.GreenLaunchingPad.org

Pacala & Sokolow 2004 Science 305:968-972

Page 5: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

April 10, 2023 www.GreenLaunchingPad.orgGlobal Biological Change

Summer heat index:How hot summers will “feel” in

New Hampshire

Northeast Climate Impacts Assessment 2007

Page 6: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

The New Hampshire Climate Action Plan (2009)

Page 7: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

www.GreenLaunchingPad.orgFebruary 13, 2010

The New Hampshire Climate Action Plan (2009)

Page 8: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

April 10, 2023 www.GreenLaunchingPad.org

Technology Accelerators

• Major challenge facing researchers/startups:– Seed stage funding to-

• develop and test prototypes • Conduct market research

• VCs and funding sources tend to focus on larger, later-stage investments

• Proof-of-concept centers facilitate and foster exchange of ideas between researchers and industry via mentors

Page 9: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

April 10, 2023 www.GreenLaunchingPad.org

Green Launching Pad • A competitive grant program in energy technology

commercialization that helps the state achieve environmental and economic objectives

• Grants will assist teams to assess markets, and commercialize new products and services in high-growth energy and energy efficiency markets.

• Based at UNH and focused on University research• NH-based companies and other third parties interested in

engaging in technology commercialization efforts may apply for awards with or without faculty researchers

Page 10: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

Green Launching Pad--Funding Process

• Projects will address commercialization of energy efficiency, energy conservation, renewable energy, sustainable energy projects, programs, services

• Projects will result in:– Energy savings– Emission reduction– Business growth– Employment growth

Page 11: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

Teams

• Consist of entrepreneur, faculty, and students• Receive funding (up to $90K each)• Receive assistance in:

– Accelerated business development– Mentorship and coaching from experts in

scientific, technical, business, legal disciplines• Selection is on a competitive basis and done

by Advisory Council

Page 12: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

Application Process & Timeline

• Request for Proposals released: February 12, 2010• Pre-Proposals due: March 15, 2010• Invitations for Full Proposals: April 1, 2010• Advice and Mentoring of Teams: April 1-16, 2010• Full Proposals due: April 22, 2010• Presentations by Teams: April 22-30 (to be

scheduled)• Final Selection of Winning Teams: May 1, 2010

Page 13: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

Selection Criteria

• Potential to increase energy efficiency, reduce energy use and lower carbon emissions

• Potential for economic development, including job creation, growth opportunities

• Proven/documented capability of technology or service

• Market feasibility of product/service• Experience/capability of team

Page 14: Wild for Innovation: Green Launching Pad - Positioning NH and UNH in the New Energy Economy

Questions?Visit

www.GreenLaunchingPad.org

www.GreenLaunchingPad.org