In 2020 Cleantech Open Northeast (CTONE) had the largest cohort ever with 47 startups matched with close to 175 mentors. In mid March we pivoted smoothly to 100% virtual programming. Every single startup received assistance with their participation fees from sponsors in Maine, New Jersey, Rhode Island and Canada, as well as from the Wells Fargo IN2 program at NREL. Each of the four regional winners -- Andluca Technologies, Polycarbin, RenewCO2 and T-Omega Wind -- earned $10,000 in cash. Polycarbin and CLIP were recognized as two of the six National Finalists.
We had a special focus on impact investing with a workshop at the Academy, educational webinars, and the chance for each of the startups to have a one-on-one consultation to measure their impact related to their GHG emissions reduction. We also analyzed and documented the impact of Cleantech Open Northeast. Slide three shows 68% of our startups since 2005 are still in business, employing over 3300 people. The cohorts are becoming increasingly diverse, and we aim to continue that trend.
Trish Fleming was recognized as the Cleantech Open National Volunteer of the Year, and she received the Northeast Lifetime Service Award. Roland Scott was recognized as both National and Northeast Mentor of the Year. Thank you to our long-time Regional Premier Sponsors MassCEC and NYSERDA for your continued support. With the help of many, we are combating the climate crisis, and growing the cleantech economy. With the prospective Biden-Harris administration and your support we hope to do even more!
Sustainably Yours,
Beth E. Zonis
Northeast Regional Director
Read the 2020 Cleantech Open Northeast Impact Report here.