Bringing Cleantech to the Mainstream – Prospect SV
Guest blogpost, by Ruth Cox, CEO of Prospect Silicon Valley
Prospect Silicon Valley, an innovation hub whose mission is to accelerate the adoption of clean technologies for smarter, more sustainable communities, has been instrumental in advancing startup companies in Silicon Valley and beyond. With a focus on the mobility, built environment, and energy sectors, ProspectSV delivers commercialization services to start-ups, which includes linking them to various resources necessary to effect commercial deployment of their solutions and providing valuable insight into the continually evolving cleantech industry. For the last 4 years the “client champions” on staff have worked one-on-one with these entrepreneurs to bring their sustainability solutions to the mainstream market.
ProspectSV’s most recent success story stems from long-term client, ConnectMyEV, who just received their Series A funding. With guidance from ProspectSV, they were able to perfect their pitch to strategic investor, Stanley Ventures, which will be providing funds to accelerate the commercialization of their robotic EV charging technology. We can’t wait to see how their conductive charging unit changes the future of the auto industry!
An important way in which ProspectSV supports start-ups is to engage in the development and execution of government-funded pilot projects that demonstrate the value of using emerging technologies in efforts to reduce greenhouse gas emissions. One of the government funding agencies is the California Energy Commission (CEC). Their most recent success is the collaboration with the Valley Transportation Authority (VTA) on the CEC funded Advanced Transit Bus project. This project just hit a major milestone – 5 electric buses were deployed along VTA routes and the charging infrastructure has been optimized to make vehicle-to-grid integration more effective.
Another interesting grant is the Whole Foods retrofit project which identifies and installs innovative technology into the grocery store to move the building towards Zero-Net Energy (ZNE). ProspectSV engaged startups with a “Call for Innovators” which resulted in the identification of key technologies which could be implemented to reduce energy usage in store operations. The project is currently in the pre-construction phase, with building retrofits slated to happen in 2019.
The Sweet Spot in San José
Appropriately located at the City of San José’s Environmental Innovation Center, ProspectSV has also collaborated with the City of San José on initiatives and pilot programs that are helping to advance San José’s Smart City goals. They have been providing project support for the City’s trailblazing autonomous vehicle pilot and are coordinating the upcoming Innovation and Impact Symposium showcasing the City’s Smart City initiatives (www.innovationandimpact.com) at San Jose City Hall.
Coming up soon: Urban Mobility Project
ProspectSV is also working a project to identify potential pilot opportunities to bring advanced mobility solutions to low and moderate-income San José communities that have limited transportation options for getting to work, school or medical appointments. They are currently in the process of assessing areas of need and will be engaging the private sector to help define possible solutions. If you would like to contribute your ideas, please contact email@example.com.
More News Soon
With new clients and projects underway, be sure to expect more sustainability updates soon. ProspectSV was recently awarded a handful of additional grants that are in the pipeline for contracting in 2018. Visit ProspectSV for more information.