A Chicago-based clean tech accelerator is giving eight student-led startups the chance to win tens of thousands of dollars in early-stage funding and to compete in a national competition later this year.
The electrical grid is looking more and more like a supercomputer. Just as Internet-enabled technology has transformed cars, phones and other everyday devices, big data and code are only beginning to reshape the megastructure that keeps the lights on.
Galesburg, Illinois is a long way from Silicon Valley. There are no Google or Apple offices in the west-central Illinois city, population 32,000, but it is home to at least one scrappy tech firm reinventing how we use an everyday product.
Nancy Pfund and the Silicon Valley venture capital firm she founded take a different approach than many of her peers. When she and her colleagues decide whether to invest in a firm, they look not only at the underlying market conditions, but whether the company might change the world in a positive way.