Park and Power Up
Category: Energy Distribution & Storage — Region: Northeast
www.hevopower.com — @ HEVOPower
Greg Stahl, CMO
Elevator pitch: HEVO has created a manhole-cover-size electric vehicle charging station that can be embedded in the street. The station uses the electromagnetic spectrum to wirelessly recharge the battery of a receiver-equipped electric vehicle parked above it.
How we make a difference: Our wireless charging network will accelerate the adoption of electric vehicles, driving towards a more sustainable energy future by abating both oil consumption and CO2 emissions.
If we win? A win at the Global Forum will provide us two incredibly important resources, exposure and funding. The exposure will serve to validate our business model and mission while the funding will provide us with the capital resources to complete our pilot programs and pave a viable path to commercialization of our technology.
Cleantech Open anecdote: All startup companies are resource-constrained. In our case, our budget was so tight that when it came to providing refreshments for our weekly mentor meetings, I was given little choice other than to provide the lowest rung of meeting refreshments. I wanted to provide something more worthy of the time and commitment that our mentors were providing, but Mom always said, “it’s the thought that counts.” So, I quickly ran to the only shop open past 5pm within two blocks of our office in Soho: Dunkin Donuts. I ordered a box of munchkins, which were apparently in low demand as the only box available in June was the ‘Seasons Greetings” version left over from Christmas. I placed the box in the middle of our conference table and brewed a pot of coffee only to find out that our mentors were more health-minded and were not in the least bit interested in donuts — especially ones that appeared to be over 6 months old given the holiday-themed packaging. Well, the thought didn’t count for much besides providing a running joke for the remainder of our meetings, so I’d say it was worth it. And, we still owe them a proper meal.