Our global oil system is operating at near capacity—97 percent—which just isn’t sustainable. Because 70% of oil consumption in the U.S. is used for ground transportation, reducing the amount of gas used by vehicles is key to heading off an impending crisis. Boston-based Vecarius, which recently won the 2013 Sustainable America/Greentown Labs Fellowship, is working to tackle this problem by turning vehicles’ exhaust waste heat into energy, technology that can reduce fuel usage in vehicles by 5 to 10 percent. We talked to CEO Steven Casey to learn more about his innovative product.
We’re thrilled to announce the winner of the 2013 Sustainable America/Greentown Labs Fellowship. Vecarius, a vehicle waste-heat recovery company based in Boston, was chosen from a field of nine finalists who pitched their business ideas to a room of 60 entrepreneurs, investors, engineers, and students at a networking event Thursday at Greentown Labs in Somerville, Mass.
The applications are in for our new fellowship program, and we’re excited by all the innovative startups that applied. We’ve narrowed the applicant pool down to nine exciting ventures engaged in trying to solve a number of problems in agriculture and transportation via sustainable solutions.
Northeast-based cleantech startups have a little more time to enter the fellowship program Sustainable America is producing with Greentown Labs. The competition is open to start-ups engaged in sustainable solutions focused on transportation or agriculture.
Today, we’re excited to announce that Sustainable America is partnering with Greentown Labs, a Massachusetts-based cleantech business incubator, to offer a year-long fellowship program for start-ups engaged in sustainable solutions focused on transportation or agriculture.