Detroit-based NextEnergy, a nonprofit that accelerates advanced energy technologies, was named winner of the U.S. Small Business Administration Growth Accelerator Fund Competition. The organization was awarded a $50,000 grant and will use these funds to accelerate smart city cluster development throughout the state.
“NextEnergy’s history with cluster development in energy and transportation technologies, and the convergence of the built environment and mobility options as a basis for smart city technologies, makes smart city technologies cluster development a logical next step for us,” says Jean Redfield, president and CEO of NextEnergy.
The smart city cluster development will create a bridge between global and tech-based corporations in smart city technology areas — energy, automotive/mobility, infrastructure, communications, and software solutions — and the innovation pipeline — start-ups, universities and national labs — to accelerate smart city technology demonstrations and neighborhood pilots.
For more information about the Small Business Administration Growth Accelerator Fund Competition, visit sba.gov/accelerators.