The Global Cleantech Cluster Association announced its winners for the 2011 Later Stage Award, which included the storage/smart grid winner, PowerGenix. Ten North American and European companies were selected by 28 cleantech venture capitalists, investors and serial entrepreneurs who collectively manage $3.5 billion in clean technology investment.
These are companies that made broad strides within their industries and work closely with their regional cleantech clusters to build sustainable green economies and jobs. In other words, these companies have turned their cleantech innovations into meaningful commercial businesses.
The top 10 were selected from an original pool of 4,000 eligible companies represented by the GCCA’s 33 member clusters. These member clusters nominated 185 companies for the 2011 Later Stage Award.