Clean Tech Grant Applications Open, Rising Tide Expands, Princeton Women Entrepreneurs

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

The Showcase winner was Wavely | Screenshot by Esther Surden
  • 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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