Texas

$509,000 in SEP Funds Leveraged $27.6 Million In Capital Raised for Clean Tech Start-Ups

$509,000
U.S. SEP funds leveraged

$27.6 million
Private and non-federal funds to support clean energy technology
$28.4 million
Economic impact to support clean energy technology

490
Private sector jobs created

 

In Texas, the State Energy Office supported continued operations of Clean Energy Business Incubators with $509,000 of State Energy Program funding.  These incubators supported clean energy technologies startup company development.  These companies attracted $27.6 million (54:1) in direct investments, an economic impact of $28.4 million (55:1) to the state of Texas. 490 jobs were created throughout the state from this support. Since 2001, the successful Texas Industries of the Future Program continues to support manufacturers to decrease the energy and water intensity of their Texas operations. The City Efficiency Leadership Council and Property Assessed Clean Energy (PACE) Training provides targeted assistance and outreach to Texas cities, specifically related to building energy code adoption and compliance.

Contact Information for the Texas Energy Office