A new Y-Combinator-style incubator that will focus solely on the intersection of energy and information technology is launching in Houston, the founder of the group Kirk Brand Coburn told me in an exclusive interview. The accelerator program, called Surge, will start accepting applications for its program starting in November, says Coburn, and will select 10 companies in January 2012 that it will fund with $30,000 each for a chance to come to Houston for three months and receive mentorship.
The intersection between energy and IT could mean anything from projects building smart grid applications, to software for energy trading to analytics for the oil industry. The latter which Coburn explained to me could help oil producers seek resources more efficiently, in a safer way, and with a smaller environmental footprint. The overall goal of the startups that Surge brings into its fold will be to “create the efficient energy software technologies of tomorrow.”
To read the full, original article click on this link: The Surge Accelerator: An incubator for energy & IT — Cleantech News and Analysis
Author:Katie Fehrenbacher
