Grants offered to move clean energy out of laboratories
The $150,000 that an Incline Village nonprofit plans to put into commercialization of promising renewable-energy technology is likely to draw a lot of interest.
The first two times that Nevada Institute for Renewable Energy Commercialization — NIREC, for short — called for applications from Nevada clean-energy companies, it drew nearly three dozen responses.
Six companies were chosen to receive financial and organizational help from the institute.
While money is always nice, the organizational help can be particularly critical.
Reno-based Intelligent Building Utility Conservation Systems LLC, for instance, looks to commercialize technology developed at Desert Research Institute as one of NIREC’s portfolio companies.
Chief Executive Officer Hampden Kuhns says the company was matched up with an NIREC Entrepreneur in Residence — Maureen Mullarkey, retired chief financial officer of International Game Technology — who has provided invaluable aid in shaping the underlying technology into a company. Read full story.
