Banner Witcoff is a professional services sponsor to the Maryland Energy Innovation Accelerator (MEIA), an initiative of the Maryland Clean Energy Center whose mission is to catalyze innovation in support of the state’s clean energy and climate goals.
In late 2019, the MEIA launched a cohort-based virtual accelerator program to focus on commercializing early stage technologies. Six teams made up MEIA’s inaugural cohort and three progressed to the virtual pitch competition that took place on June 23. Alchemity was named the winner for its technology that will substantially reduce carbon emissions produced during the gas-to-liquids (GTL) processing.
As part of Cohort 1, the teams spent six months having their technologies examined by a group of experienced energy executives to determine the market potential and fastest path to market.
As a sponsor, Banner Witcoff mentored the teams on intellectual property strategies for statups and provided pro bono counseling in areas including IP licensing and patent due diligence.
For more information about MEIA and its pitch competition, visit its website.
Posted: June 29, 2020