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November 06, 2014

National Grid signs on as official sponsor for Greentown Labs

Participating in this sponsorship deal:

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About Sponsor:

National Grid plc (LSE: NG., NYSE: NGG) is a British multinational electricity and gas utility company headquartered in London, United Kingdom. Its principal activities are in the United Kingdom and northeastern United States. National Grid has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £22 billion as of 23 December 2011, the 22nd-largest of any company with a primary listing on the London Stock Exchange.[3] It has a secondary listing on the New York Stock Exchange.

About Property:

Greentown Labs, New England’s largest cleantech incubator, operates a 33,000 sq. ft. facility in Somerville, Mass. that enables entrepreneurs to solve the biggest energy and environmental problems. Founded in 2011 by four entrepreneurs who banded to together to rent space to build prototypes for their companies, Greentown Labs is home to more 30 companies that hold more than 16 patents, raised more than $35,000,000 in capital, and employ more than 100 people. Greentown Labs hosts a constant stream of events and programs for the cleantech community and tours more than 5,000 visitors from around the world each year. Its mission is to enable a vibrant community of entrepreneurs to realize their visions by providing the access to the space, resources, and funding needed in order to thrive.

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National Grid today announced its sponsorship of Greentown Labs, one of the nation’s largest cleantech incubators. The $50,000 “Terawatt” sponsorship level will enable Greentown Labs to further provide its entrepreneurs access to the equipment, services, education, and network they need to launch their companies.
Read more at www.prweb.com »
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