CCF funding allows addition of important new options to the corporate’s answer
— Patrick Finch, ElectroTempo, COO and Co-Founder
RICHMOND, VIRGINIA, UNITED STATES, October 12, 2023 /EINPresswire.com/ — The Virginia Innovation Partnership Company (VIPC) in the present day introduced that ElectroTempo, Inc. has been awarded a Commonwealth Commercialization Fund (CCF) grant for $75,000. VIPC’s CCF packages have distributed greater than $52 million to Virginia-based startups, entrepreneurs, and university-based inventors since 2012 in assist of important early know-how testing and market validation efforts.
Based mostly in Arlington, Va., ElectroTempo gives subscriptions to dashboards, algorithms, and information bundles to assist customers decide how a lot, the place, and when {an electrical} car (EV) charging demand will come up when planning for EV infrastructure. This CCF grant will permit the corporate develop software program for warehouse house owners to plan and dynamically handle electrical truck charging infrastructure by evaluating a number of websites and delivery routes throughout an organization’s portfolio and recommending the sort and variety of chargers primarily based on projected charging demand.
“Receiving a CCF grant from VIPC is each thrilling and necessary for the expansion of our firm,” stated Patrick Finch, COO and co-founder of ElectroTempo. “With this assist, we’ll exhibit and optimize a important functionality for EV infrastructure data after which deploy it at-scale.”
“ElectroTempo has recognized a significant barrier to the adoption of electrical automobiles within the trucking area: the flexibility to quickly and cost-effectively deploy and handle EV charger networks throughout strategically important websites,” stated Jeanette Townsend, VIPC’s Director of Personal Sector Grants. “CCF funding will give them the chance to drive the electrification of the provision chain and logistics industries shifting ahead, ranging from proper right here within the Commonwealth of Virginia.”
About Virginia Innovation Partnership Company (VIPC)
VIPC: Connecting innovators with alternatives. Because the nonprofit operations arm of the Virginia Innovation Partnership Authority (VIPA), VIPC is the commercialization and seed stage financial improvement driver within the Commonwealth that leads funding, infrastructure, and coverage initiatives to assist Virginia’s innovators, entrepreneurs, startups, and market improvement methods. VIPC collaborates with native, regional, state, and federal companions to assist the enlargement and diversification of Virginia’s economic system.
Applications embody: Virginia Enterprise Companions (VVP) | VVP Fund of Funds (SSBCI) | Virginia Founders Fund (VFF) | Commonwealth Commercialization Fund (CCF) | Petersburg Founders Fund (PFF) | Good Communities | The Virginia Good Group Testbed | The Virginia Unmanned Methods Heart | Virginia Superior Air Mobility Alliance (VAAMA) | The Public Security Innovation Heart | Entrepreneurial Ecosystems | Regional Innovation Fund (RIF) | Federal Funding Help Program (FFAP) for SBIR & STTR | College Partnerships | Startup Firm Mentoring & Engagement. For extra data, please go to www.VirginiaIPC.org. Comply with VIPC on Fb, X (previously Twitter), and LinkedIn.
Concerning the Commonwealth Commercialization Fund (CCF)
VIPC’s Commonwealth Commercialization Fund (CCF) accepts purposes and awards funding on a rolling foundation to Virginia’s small companies and university-based innovators. This aggressive grant program seeks high-potential Virginia-based for-profit know-how corporations on the early stage of commercialization and gives grants up to $100,000. The grants assist early know-how and market validation efforts comparable to the event of prototypes or minimal viable merchandise (MVPs), buyer pilots, and mental property safety. For extra data on funding alternatives and eligibility necessities, or to apply, go to the CCF pages at www.VirginiaIPC.org.
Angela Costello, Vice President of Communications
Virginia Innovation Partnership Company (VIPC)
angela.costello@VirginiaIPC.org
Go to us on social media:
Fb
Twitter
LinkedIn
