Joules Accelerator enables the growth of high-potential clean energy startups by facilitating training, mentoring and access to utilities, customers and key industry players through the bi-annual Catalyst Program based in Charlotte, N.C.
Since its 2013 founding, the accelerator has supported the creation of 90 jobs, $15 million in investment and seven pilot projects. Joules does not take equity in startups, and does not charge for the application process or participation in the program. Companies selected to participate in the Catalyst Program have all expenses covered during the events.
do you qualify?
The Joules Accelerator looks for companies that broadly fit into the following categories:
- Post-revenue, pre-Series A
- Working product that addresses some need of one or more of our corporate partners, or the City of Charlotte
- Ability to travel to Charlotte to hold key meetings at the beginning and end of the 90-day process
The Application & Selection
The one-page Joules Accelerator application process is designed to be time efficient for the entrepreneur, while providing the Joules team with key information that will help it quickly make a go or no-go decision. Once selected, each Catalyst Program cohort spends approximately 90 days working directly with Joules, with kick-off and closing events held in Charlotte. In between, Joules hosts webinars, fields questions and facilitates introductions.
The application period for Cohort 3 will be open from February 8, 2018 until April 20, 2018.
What do Startups Get out of the Catalyst Program?
When a startup joins the Joules Accelerator, it gets immediate and focused access to the relevant decision-makers at Duke Energy and the City of Charlotte. While not every startup is guaranteed a pilot or deal, all cohort members have the opportunity to build their network.