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Energy entrepreneurs developing products or services that advance clean energy and affordability could receive funding and business coaching and mentorship
 

PHILADELPHIA (April 27, 2023) –The deadline to apply for Philadelphia Gas Works’ (PGW) Energy Innovation Lab has been extended to Tuesday, May 9, 2023. The lab, a collaboration between PGW and  Temple University’s Small Business Development Center (TU SBDC), is a small business incubator for entrepreneurs developing ground-breaking products or services that have potential to reimagine the energy sector.

The goal of the Energy Innovation Lab is to discover a new generation of entrepreneurs whose sustainable concepts can help meet Philadelphia’s growing energy needs, promote energy efficiency and affordability, as well as help the City meet its 2050 goal of carbon neutrality.

Those selected for the two-year incubator will receive comprehensive business and mentoring support services from PGW and TU SBDC, as well as a stipend of up to $30,000. Applicants must have solutions that are beyond the proof-of-concept stage and are entering into product development.

A knowledgeable panel of volunteer judges from Philadelphia’s leading energy, innovation, and start-up development organizations will oversee a two-round evaluation process. Applicants’ proposals will be evaluated and ranked based on viability and alignment with PGW’s mission of enhancing the quality of life for all by delivering safe, reliable, affordable energy in an environmentally responsible way.

The Energy Innovation Lab was established in 2021 and currently supports two companies: ATP-PA, which is developing an economical method of capturing carbon dioxide; and Metal Light, which is developing a portable power generator fueled by metal and air with zero emissions. More information about their participation in the lab can be found here: youtube.com/watch?v=lLCRqO1LyZo.

To learn more about the program, application process, judges, and timelines please visit incubator.pgworks.com.