A brief note — Greenstart, a cleantech startup accelerator, recently announced that it is moving to a rolling scheedule of accepting startups. It previously accepted startups during two defined cycles per year. Greenstart stated that it plans to invest in approximately 12 companies during 2013. Learn more about Greenstart here.
On September 24, SVForum will present An Evening with Greenstart. Greenstart is a San Francisco-based seed investor and design studio that is focused on the digital clean technology sector. The most recent Greenstart porfolio companies were announced in August:
- Spinlister – a marketplace for peer to peer bike rentals
- Root3 – designs energy optimization software for non-utility energy producers
- People Power – delivers cloud services & mobile apps for the Internet of Things
- PVPower – web platform that powers America’s solar projects
Up to five companies will be selected to give a three-minute pitch to Greenstart. If you are interested in presenting, please send your executive summary (no more than 2 pages) to Tom Cervantez, Co-Chair of the Venture Startup and Financing SIG, at tcervantez [at] bizlaw.com. Deadline for submission is Friday, September 20th. COMPANIES THAT WANT TO PRESENT MUST BE REGISTERED BEFORE THE LIMIT IS REACHED ON THE NUMBER OF ATTENDEES.
This event will take place from 6:30 – 8:30pm at Frank Rimerman + Co., 1801 Page Mill Rd., Palo Alto, CA 94304. Registration information is available here.
Greenstart, a cleantech startup accelerator, announced yesterday that it is accepting applications for its Fall 2012 accelerator program. The application deadline is April 11 (to have the best chance of getting into the program, Greenstart suggests applying by the early application deadline – March 22nd).
Greenstart is targeting cleantech startups with an IT / software component (completeeligibility information is available here). Entrepreneurs accepted into the program will receive $15,000 in seed funding (in exchange for 5% common stock), mentoring, and introductions to leading cleantech angel and venture capital investors. In addition, entrepreneurs will the option of an additional $100,000 convertible note. Additional program information is available here.
Greenstart, a cleantech startup accelerator, announced yesterday that it is accepting applications for its first three-month accelerator program. The application deadline is July 3rd, and the accelerator session will begin on September 12.
Greenstart is targeting “fast cleantech” startups in its program. Companies will be expected to develop a prototype of their product or service within 45 days, share a prototype with customers for validation and feedback within the program’s timeframe, and have a strong likelihood of producing revenues within six months. Entrepreneurs may be pursuing innovations in areas such as clean energy sources, clean energy distribution, smart grid, energy efficiency software, and the clean web.
Entrepreneurs accepted into the program will receive $25,000 in seed funding, mentoring, and introductions to leading cleantech angel and venture capital investors. During the program, participants will be expected to spend the majority of their time in San Francisco, where they will have access to a collaborative workspace, networking events, and other resources. As mention in the Greenstart FAQ, Greenstart will receive 3 – 10 % common stock equity stake in participating companies.
"It's inspiring to see a rising wave of entrepreneurs who want to make money while making a difference, and we firmly believe that they have the power to bring about impactful and innovative solutions to the energy problem," said Greenstart Managing Partner Mitch Lowe. "But we know that starting a company is hard work, so we want to create an environment where these companies can thrive and get the best advantage possible."