Andluca Technologies has been selected to be a part of the DeltaClimeVT business accelerator program. This fifth DeltaClimeVT program is designed to accelerate the drive to a zero-carbon future for Vermont by helping Vermont’s utilities increase adoption of clean energy technologies and smart building technologies, and better integrate distributed energy resources.
DeltaClimeVT is managed by the Vermont Sustainable Jobs Fund and facilitated by ecosVC. The program is centered around the ecosVC Lens of the Market ACCELERATED curriculum, designed to ensure participating startups produce a well-grounded case for their business and can articulate a compelling plan for success to investors. Lens of the Market ACCELERATED is the only comprehensive program designed to accelerate science and engineering-based startups from research to market.
The program features active engagement with sponsoring Vermont utilities, business mentors, investors, and successful venture investors. A $25,000 final prize will be provided to a peer-selected company. In past programs, over half of the participating companies have been selected by Vermont utilities and other sponsors to conduct pilots. This year’s sponsors include Burlington Electric, Green Mountain Power, Efficiency Vermont, and others.
In 2006 Vermont became one of the first states to set goals and targets towards reducing greenhouse gas emissions. In 2016 the state updated these goals: 40% reduction below GHG levels in 1990 by 2030, and 80%-95% reduction below 1990 levels by 2050. Specific cities and utilities within Vermont have stepped their pledges up another level. The city of Burlington is aiming to be a net zero energy city by 2030, with their utility, Burlington Electric, taking the strategic direction to achieve the goal. Green Mountain Power has announced they are looking to have 100% renewable energy by 2030.
These ambitious targets make the state of Vermont a place ripe for technological innovation in buildings. The energy used to heat Vermont’s residential, commercial, and industrial buildings account for more than 30% of the total energy use in the state, and costs more than $500 million per year. Incumbent electrochromic glass companies have seen an average of 20% HVAC and lighting energy savings after installations. Andluca’s SmartUV system utilizes secondary glazing and the reduction of building energy consumption and peak heating and cooling loads could be up to 40%. That level of energy savings in Vermont would mean a significant reduction in natural gas usage and their associated GHG emissions. This accelerator represents an opportunity for Andluca to continue its momentum and line up a pilot project in the coming months.
About Andluca Technologies:
Andluca, a Princeton University spin-out, has developed UV-solar-powered smart glass for improving the energy efficiency of buildings. Andluca’s patented technologies can reduce building energy use by up to 40% while significantly enhancing occupant comfort and productivity. Unlike available wired smart glass products – which require major renovation and installation by an electrician – Andluca’s wireless smart glass can be installed quickly and non-disruptively. Learn more about Andluca here: https://andluca.com/
About the Vermont Sustainable Jobs Fund
In addition to offering the DeltaClimeVT business accelerator to startup and seed stage entrepreneurs, VSJF provides business assistance, value chain facilitation, network development, and strategic planning to a wide range of stakeholders in the agriculture and food system, forest product, waste management, renewable energy, and environmental technology sectors. Located in Montpelier, Vermont, VSJF was created by the Vermont Legislature in 1995 to partner with state government, private sector businesses, and nonprofits to build a thriving economic, social, and ecological future for Vermont.
If you are interested in joining forces, feel free to reach out to us.Contact us