Archive for Accelerator

Is there a Smart Microgrid in your Campus’ Future?

The following is reprinted from the January 2012 newsletter of the NJ Higher Education Partnership for Sustainability (NJHEPS):

Is there a Smart Microgrid in your Campus’ Future?

The Sustainable Business Accelerator is pleased to announce an agreement between their client, Consolidated Energy Design, Inc. (CED) and Stevens Institute of Technology to undertake a demonstration of the country’s first “smart microgrid” system integrating electrical, gas, and water usage, solar PV, electric vehicles and advanced energy storage on campus with self-healing artificial intelligence and prediction technology software.

This system is supported by the world’s largest power grid (PJM), which will be monitoring this project (see PJM support letter).

The programming features FADRS® SG-MATIS© – a next generation version of “Fully Automated Demand Response/Demand Reduction system” (FADRS®; pronounced faders) that communicates in real time with the grid, and optimizes energy use from all sources in such a way as to save 15-30% more than other energy management and building automation software, and to enable the university to participate in all three PJM Demand Response programs as well as Frequency Regulation.

The net result is that Stevens Institute of Technology could end up with ZERO utility cost while at the same time doing its part to make the PJM grid more reliable and stable.

To see if this is an appropriate solution for your campus, please contact Chris Kogler at ckogler@sbanj.org or at 908-334-8263 to schedule an onsite evaluation.

It’s Official: We’ve Changed Our Name

Our name change is now official: we’re now the Sustainable Business Accelerator, and will be sending out a press release shortly.

We’re also changing the domain name, and eventually the existing sites will all forward to http://sbanj.org, and the email addresses will change also.

The New SB(A)

These past six months have greatly changed our organization and its activities. From a purely virtual practice of advising green startups, we became deeply involved with the development of the Morristown EcoCenter. We have now brought in a new development partner, with whom we hope to complete the project (provided, of course, that the owner of the property does not secure another tenant) before our new partnership can put in place a viable plan.

We’ve also changed our name to the Sustainable Business Accelerator, to reflect our new vision and mission to grow sustainable social enterprises at every level.

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Welcome to the New Sustainable Business Accelerator

New job creation in New Jersey’s local economies increasingly depends on independent small businesses that deliver innovative, clean-tech products and services.  Unfortunately, half of all new businesses fail within five years.  In 2007, venture capital manager Fred Wilson discussed some of the reasons he has seen so many fail in this Union Square Ventures blog post.

Beating the odds against survival requires entrepreneurs to pick the right investments, get business basics under control, build strong key relationships, and maximize the business value of scarce resources.

That’s where we come in.

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