Solving Challenges in Energy Efficiency
Energy is an important driver behind a number of environmental and social pressures, including climate change, land and water use, social inclusion and economic prosperity. Energy is used to collect, purify and transport water; to haul waste and goods; and to bring energy itself to end-users.
In 2016, roughly one-third of greenhouse gas emissions in the United States emanate from fuel combustion in transportation systems. And not only does transportation represent the second-largest cost for the average American household and the largest cost for households that earn $50,000 and less, but also an exorbitant cost embedded in the price of energy, food, water and other goods. For example, the average meal in the United States travels over 1,500 miles from the farm to tables in trucks, trains, and airplanes.
In the Village Capital Energy: US 2016 program, supported by the Blackstone Charitable Foundation, we are gathering 9 early stage ventures solving energy inefficiencies across our goods value chain, with a specific focus on the transportation of energy, water, food, and other goods. The demand for these transportation-dependent resources is expected to rise by 40 percent by 2030, presenting a unique challenge to make and maintain low-carbon lifestyles.
This 14-day program over the course of 3 months will support entrepreneurs with an award-winning program curriculum, 1:1 mentorship from sector leaders, and tailored engagements with potential strategic partners and investors.
At the end of the program, the two ventures ranked highest by the other entrepreneurs in the group will receive up to $125,000 each in pre-committed investment from VilCap Investments, the New Belgium Family Foundation and Sustainable America.
Read our latest thoughts on energy:
Examples of solutions include, but are not limited to:
Directly Decreasing Energy Use
Off-grid energy technologies that reduce the need to haul fuel
Solutions in the energy sharing economy that reduce carbon emissions
Solutions that facilitate local food production and reduce the need for long-haul food transport
Improving Energy Efficiency
Energy efficiency improvements in farming equipment
Light-weight solutions that reduce the fuel consumption for transporting heavy fuel, water, and food
Solutions that enable a less energy-intensive cold chain
Advanced software and hardware freight technologies
Energy efficiency improvements in the trucking industry
Energy storage solutions that improve the efficiency of transportation
- Reductions in energy waste in our supply chains
Furthermore, eligible enterprises must:
- Have at least one full-time team member
- Have a minimum viable product
- Have meaningful customer or business validation (not limited to revenue, can also be successful pilot studies, number of users, and/or strategic partnerships)
Program Dates and Locations:
Workshop 1: Fort Collins - Monday, August 29th - Thursday, September 1st 2016
Workshop 2: Los Angeles - Wednesday, October 5th - Saturday, October 8th 2016
Workshop 3A: Houston - Thursday, October 13th - Friday, October 14th 2016
Workshop 3B & Venture Forum: Detroit - Monday, November 14th - Thursday, November 17th 2016
(Village Capital Energy US accepts enterprises from anywhere in the United States)