SURGE Accelerator, a member of the TechStars Network, is a mentor-driven seed accelerator empowering entrepreneurs solving the world’s energy problems using software. Based in Houston, “The Energy Capital of the World”, SURGE Accelerator rapidly assists companies innovating and exploiting the massive shifts in technology, policy, and expertise taking place in the traditional energy industry by providing them with the seed funding and connecting them to the capital, expertise, customers, and the energy eco-system. SURGE will assist entrepreneurs innovating in three primary segments – Smart Grid, Energy Trading and Risk Management, and the Digital Oilfield. SURGE’s first class will launch in the Spring of 2012. For more information, please visit our website at www.surgeaccelerator.com.
@Tracxn's #UnicornReport for Jun 2021 is out rebrand.ly/0my3mkj! Gain insights into ever increasing number of #StartupUnicorns across the globe. #Subscribe for #free to access our #Startup #Unicorn reports published every month.
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Conference_for_International_Engineers_Don_Duval_SfC_Mar30_2012Skills for Change
Prior to joining MaRS, Don worked with clients in life science, health care and consumer business sectors for a global management consulting firm. He was also part of a successful start-up company and is on the board of the Queen’s Players Toronto Theatre Company and JUMP Math.
Read more:
http://www.skillsforchange.org/ite/2012/03/don-duval.html
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Using Open Innovation and Open Talentto Find Needed Technologies and Skills ...Steve Rader
Presentation to OPM Open Opportunities Learning Series by NASA's Steve Rader on 11.17.20. This presentation explores the use of open innovation and open talent based on NASA's experience with the NASA Tournament Lab (NTL) via NASA's Center of Excellence for Collaborative Innovation.
@Tracxn's #UnicornReport for Jun 2021 is out rebrand.ly/0my3mkj! Gain insights into ever increasing number of #StartupUnicorns across the globe. #Subscribe for #free to access our #Startup #Unicorn reports published every month.
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Conference_for_International_Engineers_Don_Duval_SfC_Mar30_2012Skills for Change
Prior to joining MaRS, Don worked with clients in life science, health care and consumer business sectors for a global management consulting firm. He was also part of a successful start-up company and is on the board of the Queen’s Players Toronto Theatre Company and JUMP Math.
Read more:
http://www.skillsforchange.org/ite/2012/03/don-duval.html
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Using Open Innovation and Open Talentto Find Needed Technologies and Skills ...Steve Rader
Presentation to OPM Open Opportunities Learning Series by NASA's Steve Rader on 11.17.20. This presentation explores the use of open innovation and open talent based on NASA's experience with the NASA Tournament Lab (NTL) via NASA's Center of Excellence for Collaborative Innovation.
Tracxn - Geo - Australia & New Zealand Tech - Mar 2021Tracxn
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Evolving Distribution Grid article in Electric Perspectives magazine Jan-Feb 2015 edition. Article discusses emerging business opportunities for a utility Distribution Services Provider.
Many parts of the world are without grid-connected electrical power. As their population and standard of living increase, so will their demand for energy, and a suitable system for providing that electricity to them. The current energy system is unable to offer connectivity to many of these remote locations for economic or logistical reasons. One solution to providing energy to these remote locations is to install microgrids. Several large firms have expanded operations into the microgrid marketplace, while niche firms have developed customized programs specific to the market. The 33-page special report, Microgrids: The BRICS Opportunity, reveals that by 2020, the total BRICS microgrid market is projected to reach $4.5 billion with China accounting for 45% of the BRICS market at $2 billion and a staggering $13.4 billion globally. In this report Zpryme zero-ins on the BRICS microgrid ecosystem by identifying market trends and drivers, recounting country by country projects descriptions, challenges/opportunities to market entry and also two unique Q&A’s from Echelon and Siemens.
Optimizing utilization and operating efficiency in electricity delivery system is one of smart grid’s characteristics. Transmission and distribution infrastructure includes transmission lines, substations, and distribution feeders. One estimate has put the potential in reducing distribution losses through smart grid deployment at 30%. In this report Zpryme looks at the distribution system portion of the smart grid and the portfolio of technologies that are being deployed to optimize the distribution infrastructure.
Download
What does the future look like? Is it a dark space where we’re suffering from varying degrees of techamphetamine or are we heading towards a Utopian fantasy of abundance and harmony?
Understanding that our basic human needs and wants barely change, we explore the future state of a range of topics; from our need for physical sustenance through to our age-long fascination of transcending the limitations of our biology.
Looking at the future from a human perspective, our potential for greatness is teetering on a fine line between darkness and hope. We’re banking on the latter.
In this update of his past presentations on Mobile Eating the World -- delivered most recently at The Guardian's Changing Media Summit -- a16z’s Benedict Evans takes us through how technology is universal through mobile. How mobile is not a subset of the internet anymore. And how mobile (and accompanying trends of cloud and AI) is also driving new productivity tools.
In fact, mobile -- which encompasses everything from drones to cars -- is everything.
Overview of the Commercialisation Australia Funding Program, presented by Sheryl Frame, WA Case Manager, Commercialisation Australia at ICWA R&D Workshop held on 14 November 2012 at the Jakovich Function Centre in Henderson.
In this presentation, learn what state services and funding are available for growing technology companies. Each year, the Michigan Economic Development Corporation (MEDC) dedicates $25 million to help build companies with high growth potential. The MEDC is organizing a statewide bus tour to educate early-stage tech companies on programs ranging from business support to venture capital. Visit http://www.michiganadvantage.org/Entrepreneurs-and-Innovators/
DAN Brand Accelerator: Client Pitch KeynoteJason Newport
Here is the Brand Accelerator pitch deck I began using to pitch current clients more than two years ago. I refined as we advanced through each phase once clients had signed on and we adjusted as necessary. I pitched this to more than twenty clients, all household brand names -- an converted each of them. Not a single brand declined to move forward.
Tracxn - Geo - Australia & New Zealand Tech - Mar 2021Tracxn
Check out Tracxn's curated latest startup activity in Tech rebrand.ly/ljfvoto
Subscribe for free https://rb.gy/3yuosu to access reports on your Geography of interest , every month !
Tracxn - Geo Monthly Report - South Korea Tech - Dec 2021Tracxn
Check out @Tracxn's #curated latest #startup activity in #Tech rebrand.ly/fzf2e53
Subscribe for free https://rb.gy/3yuosu to access reports on your #Geography of interest, every month!
Evolving Distribution Grid article in Electric Perspectives magazine Jan-Feb 2015 edition. Article discusses emerging business opportunities for a utility Distribution Services Provider.
Many parts of the world are without grid-connected electrical power. As their population and standard of living increase, so will their demand for energy, and a suitable system for providing that electricity to them. The current energy system is unable to offer connectivity to many of these remote locations for economic or logistical reasons. One solution to providing energy to these remote locations is to install microgrids. Several large firms have expanded operations into the microgrid marketplace, while niche firms have developed customized programs specific to the market. The 33-page special report, Microgrids: The BRICS Opportunity, reveals that by 2020, the total BRICS microgrid market is projected to reach $4.5 billion with China accounting for 45% of the BRICS market at $2 billion and a staggering $13.4 billion globally. In this report Zpryme zero-ins on the BRICS microgrid ecosystem by identifying market trends and drivers, recounting country by country projects descriptions, challenges/opportunities to market entry and also two unique Q&A’s from Echelon and Siemens.
Optimizing utilization and operating efficiency in electricity delivery system is one of smart grid’s characteristics. Transmission and distribution infrastructure includes transmission lines, substations, and distribution feeders. One estimate has put the potential in reducing distribution losses through smart grid deployment at 30%. In this report Zpryme looks at the distribution system portion of the smart grid and the portfolio of technologies that are being deployed to optimize the distribution infrastructure.
Download
What does the future look like? Is it a dark space where we’re suffering from varying degrees of techamphetamine or are we heading towards a Utopian fantasy of abundance and harmony?
Understanding that our basic human needs and wants barely change, we explore the future state of a range of topics; from our need for physical sustenance through to our age-long fascination of transcending the limitations of our biology.
Looking at the future from a human perspective, our potential for greatness is teetering on a fine line between darkness and hope. We’re banking on the latter.
In this update of his past presentations on Mobile Eating the World -- delivered most recently at The Guardian's Changing Media Summit -- a16z’s Benedict Evans takes us through how technology is universal through mobile. How mobile is not a subset of the internet anymore. And how mobile (and accompanying trends of cloud and AI) is also driving new productivity tools.
In fact, mobile -- which encompasses everything from drones to cars -- is everything.
Overview of the Commercialisation Australia Funding Program, presented by Sheryl Frame, WA Case Manager, Commercialisation Australia at ICWA R&D Workshop held on 14 November 2012 at the Jakovich Function Centre in Henderson.
In this presentation, learn what state services and funding are available for growing technology companies. Each year, the Michigan Economic Development Corporation (MEDC) dedicates $25 million to help build companies with high growth potential. The MEDC is organizing a statewide bus tour to educate early-stage tech companies on programs ranging from business support to venture capital. Visit http://www.michiganadvantage.org/Entrepreneurs-and-Innovators/
DAN Brand Accelerator: Client Pitch KeynoteJason Newport
Here is the Brand Accelerator pitch deck I began using to pitch current clients more than two years ago. I refined as we advanced through each phase once clients had signed on and we adjusted as necessary. I pitched this to more than twenty clients, all household brand names -- an converted each of them. Not a single brand declined to move forward.
Modernizing Traditional Apps with a Docker is a great way to start your containerization strategy and to prove to your leadership there is value. MetLife has outlined the early stages of their journey at past DockerCons, but have now moved past the POC stage and are in the process of transforming our technology portfolio globally. We are driving change on multiple levels in many ways, and now we've created a long-term strategy outlining how we will reach our technology goals using containers. At MetLife, we realized that once a PoC is complete, incorporating an entire application portfolio can be challenging: Where do you focus for the largest benefit to the organization? How and what do I spend the savings on if I want to ensure maximum value? How should people & processes change to align to match our transformation goals?
In this session you’ll hear more about how MetLife has built their strategy to go forward, and you’ll learn how Docker's strategic approach to containerization and transformation can be applied in your company, too.
EMEA Edison™ Accelerator Application Support WebinarWayra UK
The EMEA Edison™ Accelerator is a start-up and scale-up acceleration & healthcare provider collaboration programme designed by GE Healthcare in partnership with Wayra UK. It brings together healthcare providers, start-ups and scale-ups who want to leverage the GE Healthcare environment and mentoring to enhance their value proposition.
Autonomous Marine Systems has developed low-cost, self-powered ocean surface drones deployed in fleets that form an intelligent sensor network to collect and transmit marine data. TJ Edwards, CEO of Autonomous Marine Systems, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
SimuApp is the next-generation, cloud-based chemical engineering process simulation software platform. Guang Luan, Founder of SimuApp, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
Petrabytes provides a big data management platform that uses oilfield measurements to provide predictive analytics for the oil and gas industry. Sashi Gunturu, CEO of Petrabytes, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
Seisquare combines geostatistics and geophysics to plan and monitor production of oil and gas reservoirs with maximum confidence. Francois Merer, Co-Founder of Seisquare, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
SEE Forge has created a mobile reporting platform that uses a "FatFinger" app to streamline workflows while eliminating paperwork, providing real-time operational analytics to management. James McDonough, Co-Founder and CEO of SEE Forge, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
Clear Creek Networks has developed the world's first self-operating, vendor-independent computer network that makes the next generation electric grid a reality. Adam Cahn, CEO of Clear Creek Networks, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
renooble generates smart leads for renewable energy providers by using proprietary algorithms to determine the most likely purchasers of solar and energy efficiency products. Alvaro Feito-Boirac, Co-Founder of renooble, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
Cold Futures applies complex algorithms to automatically guide electric loads to the cheapest electricity. Oliver Haynold, Founder and CEO of Cold Futures, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
Project Insiders is an oil and gas SaaS-based platform providing sales intelligence on large capital investment projects. Kenley Clark, Founder and CEO of Project Insiders, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
renooble generates smart leads for renewable energy providers by using proprietary algorithms to determine the most likely purchasers of solar and energy efficiency products. Alvaro Feito-Boirac, Co-Founder of renooble, pitches an audience of 500+ energy executives and investors at SURGE Day 2014.
SURGE is preparing for Class 2 of entrepreneurs and start-ups to accelerate their business beginning in February 2013.
Learn about what SURGE is, how it fits into the Energy Ecosystem, and what is on the horizon!
Snam 2023-27 Industrial Plan - Financial Presentation
SURGE Accelerator Overview
1. Houston’s Mentor-driven Seed Accelerator
“Empowering entrepreneurs solving the
world’s energy problems using software”
SPRING 2012
2. Seed Accelerator Overview
• Provide Entrepreneurs with
Capital, Mentorship &
Connections, in Return for Equity
• Structured 12 week curriculum
culminating in “Pitch Day” to
Angels, VCs and Industry Execs
• Similar programs have achieved
strong returns in other IT verticals
4. Case Studies: IT Successes
Another Y-Combinator Win: WuFoo Exits for $35M,
$35M
After Raising Only $118,000
Salesforce.com has just announced that it is
$212M
acquiring Heroku for $212M in cash
AOL acquired SocialThing with $550k in fund
$10M
raising post TechStars
Limbo merges with Brightkite and announces $9M
$9M
funding round
Localytics Raises $2.5M for Mobile Analytics
$3M
Platform
Dallas’ TechWildcatters ImageVisionLabs raises
$2M
$2M from Walden Venture Capital
5. SURGE
• Houston’s For-Profit, Mentor-Driven Seed Accelerator
• 12-week Bootcamp launching in Spring 2012
• 1st & Only Accelerator Focused on ENERGY Software
• SURGE Accelerator Overview
80+ Mentors: Leading VC’s, Energy Execs, Entrepreneurs
Raised over $1M in funding
Launched Website and Attracted PR
Paying Sponsors including Energy Focused Service Providers
Joined TechStars Network for global Accelerators best practices
6. Core Purpose
To be the pre-eminent mentor driven
seed accelerator focused solely on
enabling entrepreneurs to solve the
world’s energy problems using
software.
7. Efficient Energy Software Technologies
SMART GRID TRADING & RISK MGMT DIGITAL OILFIELD
(ETRM)
IT applications used to
increase grid efficiency, Capital Markets + IT = Data + IT used to inform
measure demand, and Increased visibility and exploration and
reduce waste flexible response to maximize
supply or demand shocks production, safety, and
Includes Smart Grid, Smart efficiency
Meter, and EV Grid at the wellhead
8. Portfolio Strategy
FOCUS:
Entrepreneurs developing innovative applications at the
intersection of Energy + IT
GOAL:
Take startups from theory & prototype to pilot, next round
of funding and commercialization
INVESTMENT:
• 10 teams
• $30k per team
• 6% common equity
10. Leadership: Steering Committee
Kirk Coburn – Co-founder & Managing Director
Serial Entrepreneur and Large Corp Exp: PGA TOUR Network, Chief Outsiders,
Blair Garrou – Board Member
Co-founder DFJ Mercury. Incubator Expert. Entrepreneur. Rice Faculty.
Brian Landrum – Board Member
Former COO Reliant Energy. Compaq GM. McKinsey & Co.
Andrew Clark – Board Member
Former Chairman of HAN. HTC EIR. DFJ Mercury Venture Advisor. Compaq Exec.
Brett Perlman – Smart Grid Lead
Former Public Utilities Commissioner. McKinsey & Co. Smart Grid Expert.
11. Why HOUSTON
The Energy Capital of the World
Home to more than 5,000 Energy Companies
#1 IT Services Economy
Fully Deregulated Utility Market (Gen to Cust)
Largest Population of Deployed Smart Meters
Largest Purchaser of Green Power in Nation
#1 Wind Generation
13. SURGE: Custom
Curriculum
Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 12
SURGE
Connect Lead Mentors to Teams DAY
Product Development and Market Validation
Business Plan and Financial Model Development
Connections to Capital, Customers, Entrepreneurs, Expertise, Talent
STAGE 1: STAGE 2: STAGE 3:
Connections Product Readiness Pilot Landing
Term
Customer Customer Customer Company
Sheet
Discovery Validation Creation Building
Prep
Pivot
Mentor Workshops (Marketing, Sales, Ops, IT, Legal, etc.)
14. Program Next Steps
IDEA PILOT INCUBATION &
FUNDING
Global Entrepreneurs Incubators
Texas Universities Pilots
Industry Funding
40+ VC’s from SURGE DAY
15. Timeline
Date Activity
11/1/11 Open Applications
1/20/12 Investment Committee narrows down finalists
2/01/12 SURGE invites top 25 applicants to pitch
2/10/12 SURGE selects top 10 teams and invites to HOUSTON
3/01/12 SURGE Class 1 Begins
5/23/12 SURGE Class 1 Last Class
5/24/12 SURGE DAY (Pitch Day to 300-400 Angels, VC’s, Corp.)
16. Next Steps to SURGE
STEP 1: Become a Mentor
STEP 2: Identify Other World-Class Mentors
STEP 3: Identify Key Problems to Solve
STEP 4: Participate in SURGE Day
STEP 5: Agree to Pilot/Connect
STEP 6: Invest
17. Mentoring at SURGE
• Giving Back and Building an EcoSystem
• Lead Mentoring vs. Ad Hoc Input
• Exclusive and World-Class
• Timing Commitment: 2-3 hours per week
• Focus: business model, go to market strategy,
branding, pricing, the investor pitch,
connecting to customers
• Long-term: Board, Invest, Connect, Give-Back
18. SURGE Day
• What: Class 1 Presents Plan and Demo
• When: May 24, 2012
• Who: 300 – 400 venture capitalists, angel
investors, energy companies and corporate
development teams, media, entrepreneurs
• Where: House of Blues
• Goal: 50%+ to land follow-on funding (>$500k)
and land critical pilots in next 6 mos.
20. Target Entrepreneurs
LOCATION: Willing to locate in Houston for 3 month bootcamp
FOUNDERS: Coachable Intelligence, Integrity and Energy
★ Strong value proposition
★ Strong competitive advantage
★ Target a large market
CAPITAL: Will bootstrap with seed funding
COMPANY FOCUS:
★ Information Technology that Improves Energy Efficiency
★ Existing Prototype/Product
★ Capital Efficient
★ Leverage Texas Ecosystem
21. Attracting Entrepreneurs
• Global: Partnerships Leading Industry Networks
including Energy, CleanTech, and Entrepreneur
• Regional: Alliance with TechStars Network, Start-up
America, Kaufmann Foundation
• Local: ~30 Efficient Energy Companies in HTC, Rice,
UH Systems, & Local Startup Groups
• Local: Connect with existing Energy ecoSystem to
promote Entrepreneurship
22. Smart Grid: $138B market
Key Application Areas: Customers:
Distribution Automation
Data Analytics Utilities
Demand Response Residential Consumers
Cyber Security Commercial Buildings
Carbon Management Cities
Home Energy Management
Electric Vehicle
23. Energy Trading &
Risk Management: $500M market
Key Application Areas:
Market data acquisition Customers:
Real-time position tracking Energy Companies
Predictive analytics & reporting Utilities
Carbon trading Commodity Traders
Weather Integration Companies that hedge energy use
Demand-Response integration (i.e. airlines, freight logistics)
24. Digital Oilfield: : $150B+ market
Key Application Areas:
Real time data acquisition Customers:
Reservoir management
Well modeling E&P companies
4D Seismic Oil field service companies
Wireless remote operations Technology vendors
Editor's Notes
EXCELERATE LABS – CLASS 170 jobs$7.5M in seed money raisedExitreturnshalf of Fund I ($6.5M exitprice)
"If Thomas Edison looked at our power system, he would recognize it," he said. "Whereas, Alexander Graham Bell, if he looked at the communication services, he wouldn't recognize it at all. That's how archaic the infrastructure is.”Take advantage of Technology, Policy and Expertise Shift in Traditional Energy
"If Thomas Edison looked at our power system, he would recognize it," he said. "Whereas, Alexander Graham Bell, if he looked at the communication services, he wouldn't recognize it at all. That's how archaic the infrastructure is."
Building the necessary transmission infrastructure and utilizing modern information and communications technologies—that is, “smart grid” technologies—will facilitate the integration of renewable sources of electricity into the grid, accommodate the growing number of electric vehicles, help avoid blackouts and restore power quicker when outages occur, and reduce the need for new power plants. Smart grid technologies also provide a foundation for innovation by entrepreneurs and others who can develop tools to empower consumers and help them make informed decisions. A first generation of innovative consumer products and services—such as thermostats that can be controlled from a smart phone, or websites that show how much energy a house is using—can continue to help Americans save money on their electricity bills, and there is great potential to do even more.” – THE WHITE HOUSE
Energy Trading and Risk Management (ETRM) solutions provide a transparent view of complex portfolios consisting of physical, financial, and natural positions across all commodities, including crude oil, fuels, natural gas, coal, refined products, and power. Complete ETRM systems also optimize business processes around the physical movement and delivery of commodities and the risks associated with those activities. They also enhance the effectiveness of settlement, accounting, and reconciliation processes.Comprehensive ETRM solutions deliver a single platform with the ability to view all exposures and risk analytics, capture transactions, execute logistics, manage positions, perform settlement and accounting functions, and meet compliance requirements. By fully integrating all data and processes into one platform, companies realize improved business process efficiency and transparency across the front, middle and back office. The volatility, complexity and pace of change in the wholesale energy markets present significant opportunities – and equally significant risks. In this environment, energy companies need to build sophisticated, functionally rich capabilities to address price, credit, operational and regulatory risks. At the same time, they need to remain flexible enough to respond to new opportunities and competitive pressures. This requires a combination of deep industry knowledge, robust business processes and integrated, scalable IT systems.We are looking for entrepreneurs that understand and can develop software solutions that offer commodity exposed companies the ability to manage all aspects of the front, mid and back-office processes. Key Application Areas:• Market Data acquisition • Real-time data, connectivity and analysis• Regulatory compliance• Analyzing and managing transaction and portfolio risk• Clearing and reconciling transactions, as well as transaction invoicing and accounting• Carbon trading• Weather Integration• Demand-Response integration
The digital oil field targets financial and operational excellence by integrating new and upgraded standardized infrastructure and modeling to capture, process, and protect data and intellectual property; transform workflows; enable new roles; and improve collaboration. SOURCE: http://www.epmag.com/Magazine/2011/1/item75080.php