Stash Energy Enters the Canadian Technology Accelerator in Denver, Colorado
Stash Eneregy, a New Brunswick clean energy startup, which was spun out from the University of New Brunswick (UNB) is developing a cost-effective system that works with conventional heat pump technology to store energy.
The company is set to launch a few products in PEI in the fall and in New Brunswick, hopefully in the spring of 2019. Having been accepted in to the Canadian Technology Accelerator (CTA) for clean-energy based in Denver, Colorado has helped Stash to overcome a lot of challenges with their growth. The purpose of CTA is to help selected high-growth, high-potential startups raise capital, do research and development, and also explore markets opportunities in the U.S.
Much of the work for the accelerator is done remotely, but CEO Jordan Kennie will be returning to Denver in May when the accelerator wraps up for an National Renewable Energy Lab (NREL) Industry Growth Forum, which is one of the biggest renewable energy conferences in the world and where he will get to meet big companies and investors in clean-tech.
How Stash Energy became connected to the CTA was through his participation in UNB’s Energia Accelerator. Stephen Davis, trade commissioner for CTA clean-energy said though Kennie and Stash itself are impressive, it was the support of programs like Energia and the Summer Institute that helped make him a good candidate for CTA.
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Photo by Axel Antas-Bergkvist on Unsplash