Archive for October, 2011
Resolute Marine Energy was announced to be one of the 26 winning startups in the 2011 MassChallenge Startup Competition and Accelerator. The second annual $1M competition launched on March 7 and attracted 733 applications from 24 countries and 34 states. The 125 highest-impact, highest-potential startups were invited as competition finalists to participate in a 3-month accelerator providing intensive mentoring and access to free resources including office space, legal support and targeted introductions to customers and funding sources.
Bert Jacobs, Founder and Chief Executive Optimist of Life is good gave a rousing keynote to a packed crowd at the Awards Ceremony. Bert said he had "three goals in speaking with this group of young pioneers. First, to have a few laughs. Second, to emphasize the important role of optimism in their work. And lastly, to encourage them to include strong social missions which will help to build their businesses and add deeper purpose to their lives."
"The entrepreneurial ecosystem in Massachusett is one of the strongest in the country," said Olivier Ceberio, COO, "and winning this competition is a huge endorsement of our business vision and of our capacity to execute our roadmap. To paraphrase Mr. Jacobs, it is easy for us to keep optimistic when we are focusing on the incredible social mission to provide water where it is needed. We are very proud of being part of MassChallenge and grateful to the incredible accelerator program the MassChallenge team has put up”.
MassChallenge is an non-profit organization that aims to launch the world’s largest startup competition, solely motivated to support and strengthen entrepreneurs.
On Saturday November 5th, RME CEO Bill Staby will participate in a panel discussion at the “Juice 3.0” conference at the Camden Opera House in Camden, ME. The panel will tackle the topic “Risking Energy Revolution: Sustainable Energy and Innovation Funding” with the goal of inspiring conference attendees to make a personal commitment to help solve the challenges facing our planet. “This is the second Juice Conference I’ve attended,” Staby said. “To me, it’s a terrific example of how to harness the creative “juices” of local and regional communities through dialog.” “The Juice conferences have the gravity of TED, but with an added dash of diversity, camaraderie and beauty that is unique to the Maine seacoast experience.”
The Juice Conference (www.juiceconference.org) connects leaders of the creative economy to foster growth and prosperity. Weaving together the arts, technology, and entrepreneurship, Juice inspires innovation by bringing talented people together from widely different backgrounds to build on Maine’s traditions. Juice is a forum where attendees can learn, exchange ideas, share success stories and provide input to shape the development of strategies for Maine’s future.
RME attended the 7th annual Rural Energy Conference which is sponsored by the Alaska Energy Authority and was held in the capital city of Juneau on September 26-29, 2011. RME CEO Bill Staby remarked “I was really shocked by the challenges facing Alaska’s rural communities when it comes to energy costs.” “Many of these communities are 100% dependent upon diesel generators for heat and power and, due to high fuel costs, are paying the equivalent of more than $0.60/kWh.” “We think that, for certain of these communities, wave power can significantly lower energy costs and thereby help stem the flow of out-migration which is so threatening to their viability."