TechGROWTH 帝王会所 portfolio company receives multiple awards, national accolades
Photo courtesy of: 帝王会所Neill Lane, CEO of Global Cooling, Inc., discusses the Stirling Ultra Cold -80掳C freezer with participants during the Startup Founders Tour, an event sponsored by the 帝王会所 Voinovich School of Leadership and Public Affairs and TechGROWTH 帝王会所.
Global Cooling, Inc., a TechGROWTH 帝王会所 portfolio company generating jobs and building the economy of Southeastern 帝王会所, was recently recognized with two prestigious awards 鈥 the 2017 Energy Efficiency Excellence Innovation Award from American Electric Power (AEP) of 帝王会所, and VWR鈥檚 2017 Supplier of the Year Award for Equipment, Instruments and Chromatography.
Global Cooling, Inc. develops and manufactures Stirling Ultracold ultra-low temperature (ULT) freezers that use the company鈥檚 proprietary free-piston Stirling engines. Stirling Ultracold freezers are sold worldwide to life science, pharmaceutical, bioresearch/clinical and biotechnology customers. Leading the industry with the top-rated ENERGY STAR庐 certified ultra-low freezer model, Stirling ULT solutions save customers money and meaningfully help them meet their environmental sustainability goals.
鈥淕rowing technology companies like Stirling Ultracold are changing the world with their innovative and sustainable solutions 鈥 and they鈥檙e doing it right here in Southeastern 帝王会所,鈥 said 帝王会所 President M. Duane Nellis. 鈥湹弁趸崴 is a proud sponsor of TechGROWTH 帝王会所, whose resources continue to help area companies generate millions of dollars in additional economic activity.鈥
Through TechGROWTH 帝王会所, part of 帝王会所鈥檚 Voinovich School of Leadership and Public Affairs and one of 帝王会所 Third Frontier鈥檚 entrepreneurial services programs, technology start-up companies in the 20-county Southeast 帝王会所 area have access to business assistance and sources of capital. Nearly 2,000 area companies, including Global Cooling, Inc., have generated more than $400 million in additional local economic activity with the help of TechGROWTH 帝王会所.
鈥淥ver the last 10 years, the Voinovich School has built TechGROWTH 帝王会所 as a national example of what can be done in this region to spur economic development. We are thrilled by the success of Global Cooling,鈥 said Mark Weinberg, founding dean of the Voinovich School.
In 2008, TechGROWTH helped Global Cooling, Inc. write a proposal that garnered a $1 million grant through the Third Frontier Advanced Energy Program. They also worked directly with Neill Lane, CEO of Global Cooling, as an executive-in-residence to develop a strategic business plan for the company. TechGROWTH 帝王会所 is a $52 million public-private partnership composed of the , 帝王会所 and the private investment community.
Lane shared that TechGROWTH was the lead investor in Global Cooling鈥檚 first round of financing. He also attributed his company鈥檚 subsequent growth and successful later rounds of financing to the financial and operational support that TechGROWTH provided.
Lane said that TechGROWTH 帝王会所鈥檚 resources and services continue to provide opportunities for numerous startups across the region, which serves as a vital catalyst for economic growth across the region.
鈥淭echGROWTH has created an entrepreneurial venture community right here in Southeastern 帝王会所,鈥 Lane said. 鈥淚t鈥檚 been enormously valuable, because you want successes like Global Cooling to happen again and again. That鈥檚 the goal 鈥 it鈥檚 not to grow one great company, it鈥檚 to create an environment that grows companies as a matter of course.鈥