Fifth TransTech Energy Conference Features 24 Pitches
The 2016 TransTech Energy (TTE) Business Development Conference, held October 26-27 in Morgantown, featured 220 participants, 24 pitches for funding, and $68,000 in awards made to 14 startup companies.
Aridea Solutions LLC of Charleston was recognized as the highest ranked West Virginia-based startup company. The firm’s mission is to deliver solutions that help drive compliance costs down by bringing innovation to environmental stewardship.
The purpose of the TransTech Conference is to facilitate and support the creation and commercialization of innovations from research universities, national labs, corporate development centers, and inventors working in garages and basements across the multi-state region.
Event founder Carl Irwin said, “Overall, the first five conferences have enabled 99 pitches for funding by start-up companies and commercializable projects representing 15 states – though mostly from Pennsylvania, Ohio and West Virginia.
“Technologies pitched include robotics, sensors and controls, energy efficiency, water treatment, waste heat recovery and use, automotive engines, compressors, renewable energy, electric vehicles, bio fuels and products, CO2 capture, productive uses of CO2, advanced materials, health and safety, and more.
Since the first conference in 2012, approximately $415,000 was received in co-sponsor funding and sponsored awards for outstanding pitches and companies. For more information, visit http://transtechenergy.org/.