GMP launches round two of its InspireSpace contest

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GMP launches round two of its InspireSpace contest

Thu, 10/05/2017 - 5:51am -- tim

Vermont Business Magazine Green Mountain Power is excited to launch its second Inspire Space contest to attract the next round of energy entrepreneurs to Vermont after a wildly successful first year. Winners receive a year of working space at GMP’s state-of-the-art open concept space in Colchester, VT, as well as access to mentoring and other support services from the team at GMP and its partners. GMP is also announcing that its Inspire Space co-working space is available to people looking for a cool and motivating space to work.

“We hope to build on last year’s incredible success with more trail-blazing energy pioneers,” said Green Mountain Power President and CEO Mary Powell. “While Vermont is known the world over for leading the way in renewable energy use, we want to welcome new ideas about how sustainability and the latest innovations can benefit cusomers, the environment and the economy here and beyond. At the same time, we want our neighbors to be able to use the space to further their endeavors; that is why we’re opening the space for anyone in need of a place to be inspired.”

Last year’s winners of the Inspire Space contest worked with GMP innovators to produce ideas and products that continue to benefit GMP customers.

Founded at the Urban Future Lab in Brooklyn, Greenbanc delivers home energy scores to homeowners and then connects them with contractors who make home improvements that advance energy efficiency. With Green Mountain Power’s support, Greenbanc moved to Vermont to start operations and beta testing of products with single family homeowners. The company quickly became the leading provider of home energy scores in Vermont.

“The Inspire Space provided low-cost operations and high-level contacts in the energy and entrepreneurial communities,” said North Lennox, founder of Greenbanc, a winner in the 2016 InspireSpace contest. “As a startup in energy, having the support of the leading utility as a partner was a unique advantage and Vermont provided an attractive market for experimentation.”

Another winner, Packetized Energy, deploys a human-friendly, scalable platform for coordinating distributed energy resources (DERs), such as water heaters, electric vehicle chargers, HVAC systems and distributed energy storage, to smooth the transition to a clean energy future.

“Being a member of GMP's Inspire space has been a fabulous opportunity for the Packetized Energy team,” stated Paul Hines, that company’s founder. “GMP's beautiful Inspire space enables our team to collaborate creatively in ways that have led to new ideas and rapid innovation. This space has been a great launch pad for our business, and working with GMP's innovative team members has helped us to improve our products to better solve real-world clean energy problems,” he added.

Other winners from the inaugural Inspire Space class include Virtual Peaker, Idenergie, and Green Peak Solar.  With successes like those as proof of the power of collaboration with Vermonters, Powell hopes the world’s most exciting energy entrepreneurs will join the next round and that many community members will find inspiration in the space.

“We know that when smart, creative people come together with the goal of making the world a more sustainable place, fantastic things can happen,” she remarked. “And growing our economy for the next generation of energy thinkers requires us to encourage more companies to locate here. The Inspire Space contest is a fun and effective way to achieve that goal.”

Contest details:

  • GMP will accept applications until November 17, 2017.
  • Up to five businesses will win use of the GMP Inspire Space.
  • Winners will be announced in December.
  • Qualifying companies must be in the electrical energy sector and focused specifically on new energy technology or clean energy solutions to benefit Vermonters.
  • All winning applicants must relocate some or all of their business to the GMP Inspire Space for a minimum of one year.
  • Winners will receive a relocation stipend, free working space, parking, internet and other support functions.

For more information on GMP’s Inspire Space competition or to apply, please visit: http://gmpinspire.com/.

GMP has developed a simple and easy way for businesses to use their Inspire Space daily or as needed and even offers meeting spaces. Fees start at just $10 per-day and include parking and internet. For more information on GMP’s Inspire Space co-working space, or to sign up for space, visit: http://gmpinspire.com/.

About Green Mountain Power:

Green Mountain Power (GMP) serves approximately 265,000 residential and business customers in Vermont and is partnering with Vermonters to improve lives and transform communities. GMP is focused on a new way of doing business to meet the needs of customers with integrated energy services that help people use less energy and save money, while continuing to generate clean, cost-effective and reliable power in Vermont. GMP is the first utility in the world to get a B Corp certification, meeting rigorous social, environmental, accountability and transparency standards and committing to use business as a force for good. In 2014, Vote Solar named GMP a Solar Champion. More information at: www.greenmountainpower.com. Connect with GMP on Facebook and follow us on Twitter @GreenMtnPower. 

Source: GMP 10.4.2017