BNMC Partners on Cleantech Incubator
The BNMC has partnered with LaunchNY on a new Emerging Cleantech Opportunity (ECO) incubator. Paul Tyno, who serves as BNMC’s strategic advisor for Energy Initiatives, has been named by Launch NY as Program Director for the incubator.
Working with Marnie LaVigne, Ph.D., Executive Director for ECO, and President and Chief Executive Officer of Launch NY, Mr. Tyno will bring his background in clean energy industry and demonstration projects to bear in ECO’s support for new cleantech companies as part of growing the region’s overall cleantech cluster. ECO was announced on May 30th as the sixth and latest clean energy incubator to receive a four-year award from the New York State Energy Research and Development Authority (NYSERDA).
The ECO incubator will provide individual mentoring, commercialization resources, technical assistance, business development support, and funding for seed and early stage clean energy companies who contribute to the goals of New York State’s Reforming the Energy Vision (REV), a strategy to build a clean, resilient, and more affordable energy system, while actively spurring energy innovation, bringing new investments into the State, and improving consumer choice. REV includes a mandate for 50 percent of the state’s power to come from renewable sources by 2030, in addition to having a 40 percent reduction in greenhouse gas emissions from 1990 levels.