Empower Equity (EMPEQ) Announced as Urban Future Competition Semifinalist

We are thrilled to report that, today, Empower Equity (EMPEQ) was named as one of 30 semifinalists from around the globe in the Urban Future Competition.

Hosted by Urban Future Lab (UFL), in conjunction with BP, New York Community Trust (NYCT), and NYSERDA, the competition “debuts the world’s most revolutionary smart mobility, smart city, and smart grid technologies by bringing the brightest entrepreneurs together with mission-driven investors, policy leaders, and corporate sponsors for a prestigious pitch competition in NYC.”

We are one of 10 semifinalists in the “NYCT Smart Grid Prize” track, designed for “companies that reduce emissions through both business model and energy innovation and support the next generation energy system.” Companies compete in one of three distinct tracks, with a grand prize awarded to the winner in each track (BP Smart Mobility Prize, NYCT Smart City Prize, and NYCT Smart Grid Prize).

There is a non-dilutive (zero-equity stake) $50,000 grand prize for each of three tracks and includes admission into the ACRE incubator at Urban Future Lab, NYC’s longest running cleantech incubator program.

Finalists are to be announced on January 30, 2018.