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.
Editor's Choice Videos
Join the Discussion
Charlotte Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.