BINGHAMTON, N.Y. — Four finalists will compete in the inaugural ChargeUp Battery Startup Accelerator at the Koffman Southern Tier Incubator in Binghamton.
Binghamton University, the Koffman Southern Tier Incubator, NextCorps, and New Energy New York (NENY) selected the finalists for the accelerator competition.
The initiative is supported by a $4.5 million grant from the U.S. National Science Foundation (NSF) to “bolster early-stage, deep-tech enterprises and foster place-based economic development,” per the announcement.
(Sponsored)
Important Tax Law Changes To Be Aware Of
Effective planning for your construction business not only includes understanding the items that impact your operations but also the results that taxation on your profits will have on your net
It’s Time for Your Business to Think About Year-End Tax Planning
As the year-end approaches, it’s time to take proactive steps to help lower your business’s taxes for 2024 and beyond. Deferring income and accelerating deductions to minimize taxes can be
The finalists include Ateios Systems of Newberry, Indiana; Standard Potential of New York City; MITO Materials Solutions of Indianapolis, Indiana; and Fermi Energy of Blacksburg, Virginia.
ChargeUp is described as “the nation’s first and only accelerator dedicated to supporting battery and energy storage startups.” It is the latest program launched under NENY to “propel domestic battery-industry innovation, while fostering economic growth in Upstate New York.”
NENY, led by Binghamton University, is building a “comprehensive ecosystem” in upstate New York to promote U.S. national security, supply–chain resiliency, and global competitiveness within the battery industry, “with a strong focus on technologyinnovation.”
To support its vision, NENY has secured an Economic Development Administration (EDA) Build Back Better Regional Challenge (BBBRC) award, an NSF Regional Innovation Engines grant, and a federal tech-hub designation.
“ChargeUp is a pivotal element of the NENY ecosystem, epitomizing our vision as afederal Battery Tech Hub and an NSF Engine. It exemplifies how targeted support andstrategic collaboration under the NENY umbrella can catalyze profound advancements in battery and energy storage technologies,” NENY Engine CEO Per Stromhaug said in the announcement. “Its launch is another step towards making the Southern Tier the epicenter for battery innovation.”
The program — hosted by the Koffman Southern Tier Incubator in Binghamton under the NENY initiative — will have participants involved in a hybrid curriculum focused on investor preparedness, manufacturing readiness, and industry integration, with regular on-location events, modules, and networking in Binghamton.
About the finalists
The finalists for the ChargeUp Accelerator include:
● Ateios Systems — developing innovative electrode manufacturing techniques to improve and accelerate production of new battery technologies across a range of various markets and applications.
● Fermi Energy — developing new approaches for large-scale production of low-cost, sustainable cathodes for high-energy automobile batteries.
● MITO Materials Solutions — developing and manufacturing innovative functionalized graphene across a wide array of applications.
● Standard Potential — developing new cathode active materials for lithium- and sodium-ion batteries.
