January 31, 2019, Palo Alto, CA and Ithaca, NY – The Founder Institute (http://fi.co), the world’s premier pre-seed startup accelerator, and EMPEQ (https://empeq.co/), an Upstate New York NYSERDA and LaunchNY Portfolio Company join forces to help fund and scale EMPEQ’s energy efficient project financing business globally. Veteran Founder Lab is a fundraising program that is part of the Founder Institute’s Veteran Founder Initiative. Through this initiative, EMPEQ will gain access to free programming and resources within the Founder Institute’s Global Network while receiving hands on acceleration support from Vet-Tech, a startup accelerator in Silicon Valley that helps fund and scale Veteran-led startups. With Vet-Tech headquartered at the Plug and Play Tech Center, EMPEQ sits at the intersection of two of the largest startup organizations in the world whose combined networks span over 200 Cities and 11,000 Mentors. “Being selected for this highly competitive program is quite an honor. The best part is that we aren’t forced to relocate to Silicon Valley or New York City to access world class investors and advisers. These types of impactful resources enable EMPEQ to more efficiently create jobs and invest capital right here in Upstate NY,” says Herbert Dwyer, CEO of EMPEQ, US Marine Corps veteran, and Ithaca, NY resident. “Many Upstate NY startups believe they must leave our region to access the necessary resources needed to become successful. With programs like the Founder Institute, this is simply not the case.” Derek LaClair, CFO of EMPEQ and native of Buffalo, NY said, “I’ve lived my entire life in a 75-mile radius here in Upstate NY and I am thrilled that EMPEQ’s inclusion in this program will allow for that trend to continue. There is no better place in our country to live and raise a family.” He continued, “We are fortunate to be counted among the countless successful companies that have found their start with the Founder’s Institute.” As part of the Veteran Founder Initiative, veterans receive: Funding Assistance Through Founder Lab Scaling Assistance The Veteran Founder Initiative was conceived by Ryan Micheletti, Director of Global Operations at the Founder Institute and Co-Founder of Vet-Tech. “EMPEQ is empowering businesses by helping them access commercial energy efficiency projects in a quick and scalable manner. This is a win-win for the both environment and the bottom-line of the businesses they serve”, says Ryan Micheletti. Learn more about the EMPEQ at: https://empeq.co/ —- About the Founder Institute About EMPEQ EMPEQ MEDIA CONTACT: Herbert Dwyer, Co-Founder and CEO at EMPEQ ([email protected]) FOUNDER INSTITUTE MEDIA CONTACT: Jonathan Greechan, Co-Founder at the Founder Institute ([email protected]) PRESS KIT: http://fi.co/press |
Veteran-Led Upstate NY Startup, EMPEQ, Is Selected to Join the Founder Institute’s Exclusive Veteran Founder Lab Program
