Jeffery Steven Stone completes investment deal on behalf of Ohio-based energy company

Jeffery Steven Stone

Investment Banking specialist Jeffery Steven Stone secures $1.6 million private equity raise on behalf of Autumn Ridge Energy.

NEW YORK , NEW YORK, UNITED STATES, January 31, 2019 /EINPresswire.com/ — An experienced and well-respected capital procurement specialist, a recent private equity raise arranged by Jeffery Steven Stone has seen the investment industry expert secure a seven-figure cash injection on behalf of Ohio-based energy company, Autumn Ridge Energy. A veteran of Wall Street, the deal marks another placement for Stone, a managing partner at New York City's Eurasian Capital, LLC, and follows a recent run of successful factor line, bridge, and other investments organized by the procurement specialist.

Autumn Ridge Energy, part of Autumn Ridge Enterprises, LLC, is an independent oil and gas production company based in Concord, Ohio, engaged in the business of exploring, developing, producing, and operating oil and gas wells. The organization's primary drilling operations currently take place in the Utica, Clinton, Marcellus, and Rose Run Sand formations of Northeastern Ohio, and the Shallow Oil Sands of Western Pennsylvania.

Autumn Ridge Energy and Autumn Ridge Enterprises, LLC have together sustained steady growth via a strategy of leasing and developing quality crude oil and natural gas prospects, as well as acquiring producing properties, according to Stone. "A family-owned company, they have expanded over the years by building a team of professionals comprised of exploration geologists, petroleum engineers, petroleum landmen, and various other key industry personnel," he reveals.

The $1.6 million private equity raise secured by Jeffery Steven Stone will see the firm revisit a portion of a former, once profitable oil field, targeting promising oil-producing sandstone. "Using modern drilling and recovery techniques, Autumn Ridge Energy will focus on substantial reserves of recoverable oil on the currently undeveloped 700-acre site which is several miles east of Warren, Pennsylvania,"explains stone.

Located in Warren County, Pennsylvania, the city of Warren is positioned along the Allegheny River. The county seat of Warren County, Warren is the principal city of the Warren, Pennsylvania Micropolitan Statistical Area. The site which is of interest to Autumn Ridge Energy, and based upon which Stone's investment deal has been secured, was first drilled for oil over 150 years ago. Total oil content available at the site today is understood to range from between 6,000 and 13,500 barrels per acre.

The economy of the city of Warren was at one time dominated by oil, with many of the area's large Victorian homes built using revenue generated by the local oil industry. According to Jeffery Steven Stone, however, in recent years, Warren has struggled economically, enduring a steady decline in population.

"It's my hope," he adds, wrapping up, "that renewed investment and interest in the area's oil industry, and with it, the arrival of Autumn Ridge Energy, will help to bolster the local economy and support new opportunities both in the city of Warren and in surrounding areas."

Mendes
Web Presence LLC
+1 9413758866
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Source: EIN Presswire

Scientology Volunteer Ministers Awarded for Outstanding Disaster Response

Seventy-three Scientology Volunteer Ministers were acknowledged at the Fort Harrison in Clearwater for the thousands of hours of disaster relief they provided for their neighbors.

A Volunteer Minister does not shut his eyes to the pain, evil and injustice of existence.”

— L. Ron Hubbard

CLEARWATER, FLORIDA, USA, January 31, 2019 /EINPresswire.com/ — On January 27th, the Scientology Volunteer Ministers (VMs) of Florida held their Volunteer Recognition Awards Banquet to acknowledge those volunteers who have given thousands of hours to help their neighbors in recent disasters. The event was held in Downtown Clearwater’s Fort Harrison, the international religious retreat for Scientology.

Ms. Glendy Goodsell, Executive Director for the VMs of Florida, was the main speaker and commended 50 volunteers who have gone from Florida to Dominica, Texas to West Virginia. These Volunteer Ministers and more helped over 40,000 people and put in a total of 30,000 volunteer hours over the last 3 years.

Ms. Goodsell said, “We wanted to recognize those volunteers who embody what Scientology Founder, L. Ron Hubbard, said when he created our program: ‘A Volunteer Minister does not shut his eyes to the pain, evil and injustice of existence.’”

Three Volunteer Ministers were then awarded for going above and beyond in their disaster response efforts. One awardee personally put in 3,500 volunteer hours in the disaster zones caused by Texas’ Harvey, Clearwater’s Irma, Puerto Rico’s Maria, South Carolina’s Florence, and the Panhandle’s Michael.

Internationally, the Scientology Volunteer Ministers have trained and partnered with more than 800 different groups, organizations and agencies including the Red Cross, FEMA, the National Guard, and police and fire departments.

For more information on the Scientology Volunteer Ministers, please call the VM Center in Downtown Clearwater at (727) 467-6965 or email glendy@volunteerministers.org.

About the Church of Scientology:

The Scientology religion was founded by humanitarian and philosopher, L. Ron Hubbard. The first Church of Scientology was formed in the United States in 1954 and has expanded to more than 11,000 churches, missions and affiliated groups, with millions of members in 167 nations. Based on L. Ron Hubbard's words, "A community that pulls together can make a better society for all," the Church of Scientology regularly engages in many humanitarian programs and community events. To learn more, visit www.scientology-fso.org.

Pat Harney
Church of Scientology Flag Service Organization
+1 727-467-6860
email us here


Source: EIN Presswire

7.8 Million UK Households Setting Their Heating Too High (Or Low), Study Finds

UK heating survey from Heating Force

UK heating survey from Heating Force

BIRMINGHAM, WEST MIDLANDS, UNITED KINGDOM, January 31, 2019 /EINPresswire.com/ — With freezing temperatures and snow sweeping across the United Kingdom, a new survey from central heating advice website Heating Force reveals that millions of UK households are setting their heating too high or low. And hundreds of thousands may even be risking their health.

Heating Force polled 1,256 UK householders in December 2018 to find out which temperature they set their central heating.

According to the study, 71.39% of householders set their thermostat within the recommended range of 18-21 degrees. But the study also reveals that 9.54% set their thermostat below the suggested range, while 19.08% set their heating to 22 degrees or above.

In raw numbers, this means that 7.8 million UK households could be setting their heating outwith the recommended range.

And according to Heating Force founder Grant Draper, almost 1 in 10 UK householders may be risking their health by setting their heating dangerously high or low, “There is evidence that a room temperature below 17 degrees can lead to respiratory problems. And on the flip side when the needle jumps above 24 degrees, there could be cardiovascular risks. Our study found that 1 in 10 householders are setting their heating dangerously high or low, and may be damaging their health.”

The Energy Saving Trust — a British organization devoted to promoting energy efficiency, energy conservation, and the sustainable use of energy — recommend homeowners set their thermostat to the lowest comfortable temperature, typically between 18 and 21 degrees. And according to the Trust, turning down the thermostat by just one degree could save the average 3 bedroom home £75 per year in heating costs.

Draper comments, “The 1.23% (or 335,000) of UK householders who set their central heating at a sweltering 27 degrees could save £450 per year by turning down to 21 degrees, and £675 by dropping the mercury down to 18. That’s a huge saving. Their bank balance, and their health, will thank them for it.”

Heating Force’s study, which also breaks down the average central heating temperature by region, found that homeowners in Northern Ireland set their central heating the highest at 21.27 degrees, while Welsh households preferred a cooler 19.61 degrees.

Based on the Energy Saving Trust’s estimates, this means that families in Northern Ireland could be paying £124.50 more in annual heating costs than their Welsh neighbours.

Finally, with snow forecast for much of the UK this week, and the cold snap expected to last into February, Draper cautions UK families to go easy on their boiler, “When the temperature drops it can be tempting to whack your heating all the way up. But all you’re doing is burning energy unnecessarily and wasting money. You can’t ‘trick’ your boiler, it’s either on or off. Setting your thermostat to a comfortable 19 or 20 degrees will keep you warm and save you cash.”

Full details of the study can be found on Heating Force’s website.

Grant Draper
Heating Force
email us here
+44 7712422858


Source: EIN Presswire

Haywards Heath Businesses ‘Ask An Expert’

HHBA members "Ask an Expert".

We were delighted to have Smarter Business sponsor one of our HHBA networking events.”

— Clare Jones

HAYWARDS HEATH, WEST SUSSEX, UNITED KINGDOM, January 31, 2019 /EINPresswire.com/ — In January this year, Simon Rand from Smarter Business and Gary Worby from Energy & Carbon Management presented to an eager crowd of business representatives from the Haywards Heath Business Association (HHBA).

The HHBA organises regular ‘Ask an Expert’ sessions, an open forum for its members to find out more about issues affecting their businesses from a panel of experts.

Simon Rand, Director of Partnerships from Smarter Business, described the company’s rapid growth from start-up to the fourth largest energy broker in the United Kingdom and the challenges faced along the way. Rand highlighted the importance of embracing digital marketing from the get-go and took the audience through Smarter Business’ journey of partnerships and acquisitions.
Questions from the floor included questions about renewables and how people can avoid buying energy from the grid. They also asked about how the Smarter Business Partner Programme works.

Rand said: “As a larger organisation, it was very well received by HHBA that we were willing to share more openly than some other large companies. We hope that highlighting some of our challenges and successes will help other local businesses along their own journeys.”

HHBA Chair Clare Jones said: “We were delighted to have Smarter Business sponsor one of our HHBA networking events. It’s very reassuring that a business of this calibre is very willing to support the local business community by taking the time to meet and educate us.”

About Smarter Business

http://www.smarterbusiness.co.uk

Smarter Business is one of the UK’s leading independent consultancies, helping businesses secure the most comprehensive savings solutions from utilities contract management and procurement to business loans and facilities maintenance. Missioned to help dramatically reduce its customers’ overheads, Smarter Business is able to advise both SME and large corporate clients.

About Haywards Heath Business Association (HHBA)

https://hhba.co.uk/

The HHBA is a strong network for Mid-Sussex based business owners to meet, share ideas and broaden expertise among peers. The organisation enhances our local economy and community, helping members develop and grow their businesses while engaging with local government without affiliation on local matters.

Smarter Business
Smarter Business
+44 1444 220060
email us here
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Source: EIN Presswire

The Allure of Auctions…For Jobs

The Job Auction

The Job Auction

The Job Auction

The Job Auction

The Job Auction

The Job Auction

LOS ANGELES, CALIFORNIA, UNITED STATES, January 29, 2019 /EINPresswire.com/ — The Job Auction has just passed the milestone of its 11 months birthday. It’s chief component and USP is the auction function, a utility that elevates it above its alternatives as a jobs board.

Much has been made of the phrase ‘unique selling point’ but often what makes a good one is the fact that it can be summarised succinctly and vividly. You’ll hear The Job Auction staff happily use the phrase ‘eBay for jobs’ to describe their employer and comparison to the e-commerce giant is enthusiastically accepted. At The Job Auction they do exactly what you would expect with a name like that: auctioning jobs.

The site operates as a regular jobs board but also has one distinct difference. Those using it can chose to advertise jobs or tasks that they need doing and then anyone who thinks that they might be a good fit can put themselves forward. This makes sure that the interested parties are constantly negotiating and they themselves are in total control of proceedings.

The Job Auction is inspired by auctions which act as physical proof that value is a fluid concept. Not one person will have the same opinion on how much a position or task is worth and the system The Job Auction has in place makes sure that everyone involved in the processes voice is heard.

They have a messaging system in place as well as the option to lock the price as the potential employer so that while everyone has their say, those who advertised the job have the final word. It’s a website that puts the power firmly into the hands of its users in a way that will enhance the business acumen of all of those who chose to be involved.

Options like ‘Skill Auction’ and ‘Tasks’ means that advertisement itself is interchangeable and the notion of what can and cannot be bid on is up for debate. If you can think of anything you’d like to do or have done for you, The Job Auction can facilitate that need.

Auctions have the prospect of bargain hunting and those in the know can utilise them to achieve things that wouldn’t be possible at a regular marketplace. The Job Auction aims to attract all people who are excited by the possibility of grafting for work. Negotiating salary in a traditional interview setting might see you out the door but on this site it is readily encouraged.

A trailblazing site with few businesses in the same headspace, the site’s clean and easy-to-use functionality should appeal to anyone looking to market themselves in a modern working world which more often than not limits your own possibilities. With the power in your hands, The Job Auction ensures that what you get is only limited by what you want.

The Job Auction Team

Visit: https://www.thejobauction.com

Blog: https://blog.thejobauction.com

The Job Auction Team
The Job Auction
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Source: EIN Presswire

Konstantin Balakiryan: Fuel cells "Delta-FC5". New generation

PHOENIX, ARIZONA, USA, January 29, 2019 /EINPresswire.com/ — There is no doubt that fuel cells will be the prime factor with our evolving into utilizing water as the main fuel for energy production of the future. It is well known that fuel cells use the chemical energy of hydrogen, work with higher efficiency than internal combustion engines, and can convert chemical energy into electrical energy with efficiency up to 60% and higher.

Currently, cost, performance, and durability remain key issues in the fuel cell industry, there are problems associated with overcoming critical technical barriers to efficient fuel cell development: 1. Cost – platinum group metals are used in fuel cell catalysts. 2. Performance – ion-exchange membranes are not effective enough for viable long term stationary and portable power source systems. 3. Durability – short life of the fuel cell system components.

It is these shortcomings with fuel cell design that impede their wider introduction into the country's energy sector, that the US Department of Energy has focused attention, and has requested leading US universities and laboratories to address these issues. We have been working with fuel cells since 2009 and, in our opinion, quite successfully solved a number of technical and technological problems associated with fuel cells.

It is known that in existing fuel cells, the oxygen used in the process is atmospheric air. At the moment, when thermal elements are not yet very common, this is acceptable. However, with massive industrial use of thermal elements, this can lead to an ecological disaster. Even today, the eco-system of the planet is experiencing difficulties due to the enormous consumption of atmospheric oxygen. It is no secret that, without exception, all energy generation devices using a combustion or explosion process (Carnot Cycle, Diesel, Thermal Power Plant, etc.) burn atmospheric oxygen.

The new generation design for fuel cells of the “Delta-FC5” series uses oxygen contained in water. We will first borrow water from the world's oceans, utilize its energy potential, and then the output water from the fuel cell will be returned to the source. It should be noted that the same volume of water, taking into account minor compensation of losses, can be used in these new generation fuel cells many times.

Thus, with a full transition to water-based fuel as the main source of energy on Earth, we eliminate the threat of environmental catastrophe associated with both the loss of atmospheric oxygen and the over expenditure of ocean water. The advantage of using oxygen extracted from water in fuel cells is clearly revealed when comparing the content per unit volume of oxygen in the atmosphere to that of water in the world's oceans. The proportion of oxygen (by mass) in water is 88.81%, while the proportion of oxygen in the air is only 20.93%.

Structurally, the “Delta-FC5” fuel cell is a kind of dual multi-electrode electron lamp divided by an impenetrable Teflon partition. Where a gas mixture containing 97% of hydrogen is supplied to the left compartment of the device, and a gas mixture containing 88% oxygen is fed to the right compartment.

For a more accurate description of the process of converting the chemical energy of hydrogen to electrical energy, we note that in a “Delta-FC5” fuel cell anions and cations are fed to the anode and cathode, not to hydrogen and oxygen. The ionization energy of the atoms of hydrogen and oxygen is about the same, in the range of 13.6 -14 Ev. Inside each compartment of the fuel cell “Delta-FC5”, special electrodes are mounted, to which electrical pulses are fed with a wide range of frequencies and amplitudes. This is due to the fact that the formation process of anions and cations at different stages is associated with overcoming the potential energy barriers for interaction, which exists inside atoms and their nuclei (A. Strong, B. Electromagnetic, .C.Weak, D.Gravitational).

Collective excitation of atoms using high-frequency electric pulses allows breaking bonds in the hydrogen atom, from which hydrogen loses an electron and becomes a charged hydrogen ion, and oxygen atoms capture electrons becoming negatively charged oxygen ions. Thus, in the fuel cell “Delta-FC5” eliminates the need for catalysts made from expensive and limited platinum group metals (PGM) Instead of short-lived, contaminated ion-conducting membranes such as the proton exchange membrane with a polymer electrolyte used in existing fuel cells, the “Delta-FC5” utilizes reliable and almost “eternal” control grids, separating the flows of positively and negatively charged ions.

With the new concept “Delta-FC5” fuel cells there are no design limitations on the power output or intended use. They can work perfectly both in stationary and portable conditions, providing heat and electricity for the city, industrial enterprises, and transport (road, rail, water, and air).

Therefore, the new “Delta-FC5” fuel cell concept opens up vast possibilities to the ubiquitous use of hydrogen as a versatile fuel supporting all types of energy necessary for our human needs moving forward.

Konstantin Balakiryan, PhD, Professor
k.balakiryan@gmail.com
Phone: 623 341 9623

Konstantin Balakiryan
BK Consulting
+1 623-341-9623
email us here


Source: EIN Presswire

CleanCapital Accelerates Solar Acquisitions, Announcing 13MW Deal in Indiana and Ohio

The CleanCapital team had the expertise and capital resources to move our portfolio from initial evaluation to closing in less than 60 days.”

— Jack Chen, Managing Director of General Energy Solutions USA

NEW YORK, NY, USA, January 29, 2019 /EINPresswire.com/ — CleanCapital announced today the acquisition of a 13.2MW solar portfolio from General Energy Solutions USA, Inc. The portfolio is comprised of sites in Indianapolis, Indiana and Columbus, Ohio. CleanCapital’s growth has accelerated in the past 12 months, having invested more than $300 million to acquire more than 100MW of distributed operating solar assets throughout the United States. This investment is the latest in a series of acquisitions through CleanCapital’s $250 million investment vehicle with CarVal Investors. Included in this acquisition is a portion of the IND Solar Farm at the Indianapolis International Airport, which was, when completed in 2013, the largest solar farm on airport real estate in the world.

CleanCapital now owns and operates 108 solar sites in 11 states ranging in size from 25KW to 12,600KW. The company’s partnerships with CarVal Investors, BlackRock, and other institutional investors are driving institutional investment into the rapidly growing distributed clean energy sector. Chris Hopgood of Ignite Renewable Capital, LLC consulted on this transaction.

“Our mission at CleanCapital is to accelerate the flow of capital to renewable energy projects in response to the urgent threat of climate change,” said Thomas Byrne, CEO of CleanCapital. “This most recent acquisition again affirms the robust investor appetite for these assets; CleanCapital remains committed to growing institutional investment in all sectors of the clean energy market via our cutting-edge platform.”

“The CleanCapital team had the expertise and capital resources to move our portfolio from initial evaluation to closing in less than 60 days,” said Jack Chen, Managing Director of General Energy Solutions USA. “We are proud to work with an organization that so clearly demonstrates the capacity to invest in and effectively manage clean energy assets.”

About CleanCapital
CleanCapital is an industry-leading clean energy investment platform. Founded in 2015, CleanCapital owns and manages nearly $300M of distributed operating solar assets. CleanCapital leverages its leading edge technology platform to evaluate renewable energy investments with speed and certainty. Its mission is to accelerate investment in all sectors of the clean energy industry to address the urgent threat of climate change. Learn more at cleancapital.com.

About General Energy Solutions USA, Inc.
General Energy Solutions USA is the global solar system development vehicle of United Renewable Energy Co., Ltd (https://www.urecorp.com/us/) headquartered in Taiwan. GES leverages URE’s position as a leader in solar cell technology in order to expand its global solar systems businesses. GES strives to lead the way as a provider of sustainable and affordable photovoltaic energy systems on a global scale.

About CarVal Investors
CarVal Investors is a leading global alternative investment fund manager focused on distressed and credit-intensive assets and market inefficiencies. Since 1987, CarVal has invested $113 billion in 5,320 transactions across 79 countries. CarVal has a history of successful energy and power investments and is innovative in structuring partnerships in the renewables industry. For more information, visit www.carvalinvestors.com.

About Ignite Renewable Capital, LLC
Ignite Renewable Capital is focused on renewable energy financing, development and consulting to leading developers and financiers in North and South America. Since its inception, Ignite has demonstrated the ability to successfully market renewable projects and operating assets to various investors and maximize returns to its clients.

Press contacts
Carly Battin, Marketing Director
cbattin@cleancapital.com
716.374.1596

Lauren Glickman
press@cleancapital.com
504.258.7955

Lauren Glickman
CleanCapital
+1 504-258-7955
email us here


Source: EIN Presswire

Community Action Kentucky Announces Open Enrollment for Crisis Component of Low-Income Home Energy Assistance Program

Heating assistance program offers relief to qualified low-income residents in all 120 Kentucky counties, more than 100,000 families served each year

FRANKFORT, KENTUCKY, UNITED STATES, January 28, 2019 /EINPresswire.com/ — Community Action Kentucky today announced open enrollment for the Crisis Component of its Low-Income Home Energy Assistance Program (LIHEAP). Applications will be accepted through March 31, 2019 or until designated funds are depleted on a first-come, first-serve basis. Qualified residents should apply at any one of the 23 Community Action Agencies located across the state.

“Each year, the Community Action Kentucky Partnership helps provide heating assistance to over 100,000 Kentucky families through LIHEAP,” said Roger McCann, executive director of Community Action Kentucky. “This year we received an increase in appropriated funds, which we hope will allow us to assist even more households, making it possible to improve the lives of Kentuckians working to achieve economic stability.”

LIHEAP support is divided into two components, a Subsidy Component and a Crisis Component. The Subsidy Component can offset heating costs based on an individual’s income and primary fuel type. Benefits, which range from $34 to $274, are paid directly to the primary fuel vendor. Enrollment for the Subsidy Component is open November-December each year.

To utilize the Crisis Component, applicants must meet the same income eligibility requirements as the Subsidy Component, as well as have received a “disconnect” notice from their utility company or be within four days of running out of a non-metered fuel such as propane. Applications are being accepted now for the Crisis Component.

Kentucky’s network of 23 Community Action Agencies, which collectively operate outreach offices in all 120 Kentucky counties, administer LIHEAP in partnership with the U.S. Department of Health and Human Services as a pass-through block grant from the Kentucky Cabinet for Health and Family Services. More information about LIHEAP, including a program fact sheet and listing of LIHEAP outreach offices can be found at the Community Action Kentucky website at www.CAPKY.org.

###

About Community Action Kentucky
Community Action Kentucky is a statewide association representing and assisting the 23 Community Action agencies across Kentucky that work to empower individuals and families to attain greater economic stability and long-term success. With a presence in all 120 Kentucky counties, Community Action agencies provide life-changing resources and programs to support a wide array of service areas, including food security, transportation, home energy, early childhood education, senior support, emergency services, housing assistance, workforce development, youth enrichment and more. As a statewide voice for local agencies, Community Action Kentucky works to address policy issues that impact low-income individuals and cultivates broad-reaching partnerships that improve the lives of thousands of Kentuckians, making it possible for them to achieve their goals. For more information about Community Action Kentucky, visit www.CAPKY.org.

Katlyn Miller
Community Action Kentucky
+1 502-230-9060
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Source: EIN Presswire

Refinitiv’s Eikon adds PRIMA MARKETS low carbon transport fuel product suite

PRIMA MARKETS, the only comprehensive research and pricing available to map the growing market in low carbon transport fuel

LONDON, LONDON, UNITED KINGDOM, January 28, 2019 /EINPresswire.com/ — Transport is the missing piece in the global effort to decarbonise. As climate commitments mount, the sector has only just begun the “transformational changes in thinking, policy, technology and investment” the UN says are needed to keep global emissions reductions targets in reach. Climate performance is now a key driver of shareholder value across the global energy, industrial and commodities spaces.

PRIMA MARKETS tracks and analyses developments in transport decarbonisation efforts. Through its globe-spanning, award-winning suite of subscription reports, data and consultancy PRIMA MARKETS offers the only comprehensive window into the product, investment and policy shifts which are cutting transport emissions while keeping the world moving. PRIMA MARKETS product offering covers:

– Biodiesel
– Renewable Diesel / HVO
– Bioethanol
– Vegetable Oils
– UK & European transport obligation tickets
– Low carbon Feedstocks
– Californian LCFS & Oregon OCFP
– RINS
– European Bio-Investment Index
– EU Monthly road transport fuel consumption

You can now track PRIMA MARKETS map of developments in the fundamentals, prices and policies underpinning this multi-billion dollar emerging market through Refinitiv’s financial markets desktop Eikon.
Contact fiona.ribbins@prima-markets.com or BrokerRelationsGlobal@refinitiv.com for more information on how to access this vital new service
www.prima-markets.com

Fiona Ribbins
PRIMA MARKETS
+44 20 7562 6602
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Source: EIN Presswire

Aspirelabs Announces Sustainability Startup Accelerator – CleanEdge Accelerator Program

Aspirelabs Announces Sustainability Startup Accelerator – CleanEdge Accelerator Program

DELHI NCR, DELHI, INDIA, January 24, 2019 /EINPresswire.com/ — India today faces major Challenges in area of Environmental Sustainability, Waste Management & Renewables. In the last few years there have been number of initiatives and programs launched by Government of India to tackle these issues so that they do not take up alarming proportions. At the micro level, efforts by individuals, organizations, young businesses, startups have been making continuous efforts to find a resolve. This would help early stage innovators which would further lead to new materials, low wastage manufacturing, better product designs and end-of-life innovations. One of the major gaps in this effort is pre-dominance of sub-scale Organizations, which do not have access to the right technology and investors.

To bridge the above gap, Polyplex and Shriram Institute have joined hands to run an Accelerator Program -“CleanEdge” for Environmental Sustainability, Waste Management & Renewables. This is a four month program and will run from February till May19.
CleanEdge Accelerator program has started accepting applications. With rigorous evaluation 15 startups will be shortlisted to participate in this program. Key offerings under this program are 1) High quality intensive mentorship by Startup Experts, Functional Strategy Experts, domain related technical & sector specific experts. 2) Access to State-of-the-Art pilot lab facility at SRI-TBI in Delhi & Co-working facility at Aspirelabs 3) Access to “Appropriate” Technology, Opportunity to raise Seed-Capital upto 25 lakhs. 4) Access to Impact investors and Potential Customers. 5) Post acceleration support.

With Polyplex and Shriram Institute – Technology Business Incubator as anchors, this program is also being significantly supported by Department of Science & Technology (DST), Government of India under its umbrella of National Initiative for Developing and Harnessing Innovations (NIDHI) scheme.

Polyplex Corporation Limited (www.polyplex.com) is among the world's largest manufacturers of packaging film with manufacturing facilities in five countries and employs over 2000 people globally. Apart from Infrastructural support, Polyplex through its network brings a high-quality business mentor pool, global linkages and market access for young startups.

Shriram Institute for Industrial Research is an organization providing research and testing services in the field of plastics, rubbers, specialty chemicals and waste management. It also helps startups grow through nurturing innovative ideas into technologies and incubating entrepreneurs through its Technology Business Incubator (http://www.sri-tbi.org).

This program would be executed by Aspirelabs Accelerator (www.aspirelabs.com)– founded by Ranjit Singh- Director at Polyplex Corporation Limited and alumnus of IIM Ahmedabad and BITS Pilani. Aspirelabs is a startup accelerator centrally located in Delhi-NCR with ten thousand square feet of premium office space and having access to high quality business and startup mentors. It is designed to foster entrepreneurship and innovation, and has a range of customized programs to enable young businesses and startups scale up to large profitable businesses. Aspirelabs is closely associated with Startup Oasis (http://startupoasis.in) – a Jaipur based incubation CIIE (Centre for Innovation Incubation and Entrepreneurship) (http://ciie.co/) which is India’s leading incubator operating under the aegis of IIM Ahmedabad.

Applications for CleanEdge Accelerator are now open. Program details are accessible at https://aspirelabs.com/clean-tech.php. Also you may like to share this article with budding entrepreneurs working in clean-tech areas in your network to help drive innovation, growth and collaboration in a socially impactful field.

For queries – one may contact CleanEdge directly at: contact@aspirelabs.com or
Abhinav Ramaria 8826636677 / Jessica Arora 9267932409 (Aspirelabs),
Bhupesh Sharma 9871438033 / Akash Sharma 9990648217 (SRI-TBI)

Abhinav Ramaria
Aspirelabs Accelerator
+91 8826636677
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Source: EIN Presswire