Ascend Energy & Mobility Accelerator

Powered by VentureWell, TechTown Detroit, and DOE’s EPIC Prize

Energy & Mobility Startups in Michigan: Prepare for Investment with the Ascend Energy & Mobility Accelerator, powered by VentureWell, TechTown Detroit, and DOE’s EPIC Prize

This eight-week intensive program prepares startups for the partnerships and investment necessary to launch their venture. We are partnering with entrepreneurship hub TechTown Detroit to deliver this programming, which aims to help entrepreneurs bridge the gap between customer discovery and commercial launch. We’ve refined our process to help deep-tech companies over the last 27+ years and bring this focused opportunity with support of the Energy Program for Innovation Clusters (EPIC) Prize from the U.S. Department of Energy (DOE) Office of Technology Transitions (OTT).

Applications are now open! Sign up to receive updates when they become available.

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Group photo of the 2023 cohort, Ascend Energy & Mobility Accelerator, powered by VentureWell, TechTown Detroit, and DOE’s EPIC Prize

Read about our 2023 Ascend Energy & Mobility Accelerator cohort!


Why Apply?

  1. Spend one-on-one time with mentors: Learn from high-caliber mentors throughout the program who have experience partnering with energy & mobility startups like yours.
  2. De-risk your startup: De-risk your startup through product, partner, and capital readiness.
  3. Validate your financial model: Refine the numbers behind your business model assumptions to ensure a solid financial model ahead of fundraising.
  4. Collaborate and network: Connect with fellow founders and leverage the VentureWell mentor and investor network after the program.

Does Your Startup Qualify?

VentureWell will select 10 energy & mobility startups launching high-impact solutions located in Michigan. Startups must be committed and competitive!

Applicants should have:

  • An innovation with a clear, positive impact that solves a real problem felt by customers, and has a compelling value proposition.
  • Sector-specific solutions for energy & mobility companies only.
  • A Michigan-based key founder or team lead.
  • Exposure to lean startup methodology training.
  • A company that is already legally incorporated or intending to incorporate in the near future.
  • Technology Readiness Level 3 (proof of concept) or beyond, potential for intellectual property creation.
  • Pre-seed status and have not yet raised institutional equity financing.

Program Mentors

 

Erika BlockErika Block headshot, Lead Instructor

Investor, Advisor, and Entrepreneur, Sticky Lab

Lecturer, University of Michigan College of Engineering’s Center for Entrepreneurship

 

Shubha Chakravarthy headshotShubha Chakravarthy, Mentor-in-Residence

Founder, Finance and Strategy Expert

 

 

Anne Maghas headshotAnne Maghas, Mentor-in-Residence

Angel Investor and Entrepreneur, Dash Group

 

 

Domineca NealDomineca Neal headshot, Mentor-in-Residence

Angel Investor, Commune Angels

 

 

DeWayne WilliamsDeWayne R. Williams headshot, Mentor-in-Residence

Angel Investor, Commune Angels

Connectivity Expert in Mobility

 


About EPIC

The Energy Program for Innovation Clusters (EPIC) Prize recognizes the nation’s most innovative incubators. Sponsored by the U.S. Department of Energy Office of Technology Transitions (OTT), the EPIC Prize awards cash prizes to regional incubator teams that submit the most creative and impactful plans, then implement those plans to develop strong clusters, connections, and support for energy startups and entrepreneurs. Learn more.

This effort is funded by the Department of Energy’s EPIC (Energy Program Innovation Cluster) competition and supported by the National Renewable Energy Laboratory (NREL) and TechTown Detroit.

Ascend Energy & Mobility Accelerator sponsor logos: VentureWell, TechTown Detroit, DOE EPIC


Questions? Email Sarah Wharmby.

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