CLT Joules adds three startup companies

07/25/2014 6:43 PM

07/25/2014 6:44 PM

Energy startup accelerator CLT Joules has added three new companies that will get infrastructure support, mentoring and connections to prospective customers.

CLT Joules is an initiative to promote energy innovation and entrepreneurs, the first such effort in Charlotte aimed at energy startups.

Competitive applications and interviews led to these selections:

• Agri-Tech Producers LLC, which is commercializing technology developed at N.C. State University to convert organic wastes into products such as new plastics, soil additives and renewable bio-coal that can be used in coal-fired power plants.
• CloudFuel Dispatch LLC works in petroleum logistics software, providing systems that support fuel transactions including orders, dispatch, delivery and invoicing.
• SmartCharge designed the first rechargeable LED bulb that keeps lights on during power outages but still works from the switch. The built-in battery provides four hours of light in an emergency.

A new financial sponsor is BDO International, the fifth-largest accountancy network in the world, offering services in 144 countries.

Joules has also launched a yearlong “shadow advisory board” that will offer mentors to each startup company for quarterly meetings.

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