Michigan Energy Forum - March 6, 2014 - The Michigan Energy Entrepreneurial Ecosystem

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  • Who are we: We’re a 501(c) non-profit located in Detroit MI.What does NextEnergy do: We accelerate advanced energy investment + job growth in MichiganHow do we do it: 3 core areas -- Market Services: vetting technology, helping grow businesses, and working with Michigan’s robust entrepreneur eco-system. -- Tech demos + Commercialization: NextEnergy campus, testing platforms, design programs with product commercialization in mind -- Public Sector Leadership: Work with policy leaders around the stateAt the end of the day….we’re an incubator
  • Who are we: We’re a 501(c) non-profit located in Detroit MI.What does NextEnergy do: We accelerate advanced energy investment + job growth in MichiganHow do we do it: 3 core areas -- Market Services: vetting technology, helping grow businesses, and working with Michigan’s robust entrepreneur eco-system. -- Tech demos + Commercialization: NextEnergy campus, testing platforms, design programs with product commercialization in mind -- Public Sector Leadership: Work with policy leaders around the stateAt the end of the day….we’re an incubator
  • Companies in our cluster have many needs – access to financing being one, shared infrastructure to test and demonstrate, channel partnerships for future sales and distribution another Leveraged funding mechanisms… for company expansion (?)
  • Michigan Energy Forum - March 6, 2014 - The Michigan Energy Entrepreneurial Ecosystem

    1. 1. 0 Michigan Energy Forum 03/06/2014 The Michigan Energy Entrepreneurial Ecosystem
    2. 2. 1 Panelists Ryan Waddington Managing Director Huron River Ventures Michael Forbis CEO Arborlight Kayo Ramirez Tech Team MI-SBDC
    3. 3. 2 NextEnergy Overview Mission: accelerate advanced energy technology investment and job creation in Michigan.
    4. 4. 3 Market Services • Vet technology • Consult with businesses • Matchmaking and partnerships • Access to funding Tech Demos & Comm. • Host partners • Build consortium • Develop programs • Secure funding • Build and run • Publish and iterate Public Sector Leadership • Inform policy leaders • Shape funding priorities • Encourage incentives • Remove market barriers +Energy Efficiency + Energy Storage + New Mobility + Power Electronics + Renewables + Sustainability + Vehicle Electrification
    5. 5. 4
    6. 6. 5 High-level  What are core differences between energy start-ups and other sectors?  Investment and industry trends  Path to market  Relationship to corporations  Prototyping and demonstration needs  How does that affect their needs?
    7. 7. 6 Focus on Michigan  What is working for energy companies in the ecosystem?  Specific programs (funding, service, otherwise)  Relationships (w/ investors, corporates, universities, federal government)  Competitions  Incubator ecosystem  What isn’t?
    8. 8. 7 Next steps  What tangible efforts are needed?  New programs / existing programs  Relationship building (w/ investors, corporates, universities, federal government)  Competitions  Incubator ecosystem
    9. 9. 8
    10. 10. 9 Michigan Energy Forum 04/03/2014 NEXT EVENT: Distributive Storage

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