GE & Venture Funds to Provide $200 Million in Funding for the Most Innovative Smart Grid & Green Power Solutions

The GE Ecomagination Challenge is a $200-million innovation experiment where businesses, entrepreneurs, innovators and students share their best ideas on how to build the next-generation power grid – and just might get funded. GE has teamed up with some ...
July 17, 2010

The GE Ecomagination Challenge is a $200-million innovation experiment where businesses, entrepreneurs, innovators and students share their best ideas on how to build the next-generation power grid – and just might get funded. GE has teamed up with some of the best-known venture capital firms, including Emerald Technology Ventures, Foundation Capital, KPCB and Rockport Capital to help back the most promising ideas. Categories for submission are renewable energy, grid efficiency and ecohomes/ecobuildings. Entries may be submitted between July 13 and September 30 and must include a clear, detailed proposal describing an innovative, original smart grid technology. Details

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Jim Lucy Blog

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Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.