Round 2 of Clean Tech Grants

• The New Jersey Commission on Science, Innovation and Technology (CSIT) opened applications Jan. 24 for the $1.5 million Round 2 of the Clean Tech Seed Grant Program.
• The program is designed to help accelerate the development and innovation of clean technologies by furthering R&D within the Garden State’s clean technology startup community.
• The program provides up to $75,000 to New Jersey startups.
• More information, including slides from an informational webinar, can be found here.

Rising Tide

• Alfa Demmellash, cofounder and CEO of Rising Tide Capital (Jersey City), was James Barrood’s guest for an Innovation+ entrepreneurship chat this week.
• Demmellash’s non-profit organization, which was founded in 2004, provides capital, know-how and networks for underserved entrepreneurs.
• To Demmellash, capital is more than just money. It is social capital as well.
• “We launched a Community Business Academy with a full scholarship. It has over 3200 graduates,” Demmellash told Barrood.
• With its great success in New Jersey, Rising Tide is replicating its model through partnerships elsewhere.
• “Now we’re in nine states where we have additional partners who are basically powered by our database and our curriculum,” she added.
   

Princeton University Women Entrepreneurs

• Last week, Princeton University held a Showcase for six of its women entrepreneurs who are startup founders, moderated by Don Seitz of the Princeton Entrepreneurship Council.
• Presentations ranged from life-saving cures to small business applications.
• Winning the showcase was Arna Ionescu Stoll, CEO of Wavely Diagnostics (Seattle) who presented a telehealth solution for pediatric care and diagnosis of ear infections.
• The runner-up for the event was Eugenia Steingold,  cofounder of JelikaLite (New York), a company that developed a medical device that reduces symptoms of autism in children, which according to the founders, is the first of its kind.

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