Five Rochester-area companies are among the 20 finalists in the 76West Clean Energy Competition, vying for $2.5 million in prize money.
New York State Energy Research and Development Agency announced the finalists today (Friday, June 29).
The five were among 152 applicants from more than 12 countries and 27 states. As part of the competition, finalists will be paired with mentors and then pitch their companies to a panel of judges in the next round of the competition at Cornell University July 31 to Aug. 1.
The five local companies are:
Prizes of $250,000, $500,000 or $1 million are awarded to each of the top six competitors. Winners must either move to the Southern Tier or establish a direct connection with an entity in that area in the form of a supply chain or other jobs-creating effort. The competition is linked to Gov. Andrew Cuomo’s Southern Tier Soaring initiative to promote economic development in that area.
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