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Green Launching Pad Taps Six More Companies for Take-off

April 29, 2011 - 3:00pm

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Yesterday, U.S. Secretary of Energy Steven Chu joined New Hampshire Governor John Lynch and University of New Hampshire (UNH) President Mark W. Huddleston in announcing the six businesses selected to participate in the second round of the Green Launching Pad.

The Green Launching Pad is a partnership between the state and UNH that was established last year to help innovative companies bring new clean energy products to the marketplace and create jobs. The program is funded with $1.5 million from the U.S. Department of Energy through the Recovery Act. In its inaugural year, the programs assisted five New Hampshire companies through support from UNH faculty, staff and students who develop finance and marketing plans. The program also connects businesses with investors and private sector business mentors.

“The first round of the Green Launching Pad has been a tremendous success, benefiting not only those companies that participated, but working to strengthen our state’s economy,” Governor Lynch said. “The ideas and the products that have been nurtured by the Green Launching Pad are helping create good jobs, and I am pleased that we are working together to help six more New Hampshire businesses.”

As UNH President Huddleston noted, the program has helped thousands of New Hampshire residents and businesses reduce their fuel bills. The 2011 winners include firms dedicated to storage of renewable energy, the restoration of dams, and solar-powered LED traffic signals, among other innovations.

“The Department of Energy is proud to be a partner in the Green Launching Pad program,” Secretary Chu said. “By helping New Hampshire’s clean energy businesses grow, we can strengthen our competitiveness and create the good jobs of the 21st century.” (Citation)

Brett Humble is the State Energy Program Project Officer for the State of New Hampshire.

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