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Clean Energy & Innovation Incubator in LA County

Commercialization of clean tech solutions is being supported by PortTechLA, an incuator in San Pedro to support clean solutions for economic development and green jobs.

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PortTechLA is an incubator focusing on clean air, clean energy and port improvement ... all designed to improve community quality of life, jobs, jobs, and jobs.

Leadership is often about connecting the players, and PortTechLA is connecting talent, investment money, and purpose. That's the kind of recipe needed to make ideas sprout, and nourish them so they can flourish and mature.

The September 2010 PortTechExpo and Venture Conference was PortTechLA’s first opportunity to demonstrate that clean technology companies have an interest in doing business with the customers of the Port of Los Angeles, and that PortTechLA can be an effective vehicle for focusing their efforts and achieving a successful outcome – employment for San Pedro and Wilmington residents while helping local companies commercialize their products and services.

The afternoon’s events included another panel discussion aimed at entrepreneurs concerning the proper service providers to make a strong venture team. Led by LA Regional SBDC executive Sheneui Weber, the panel gave excellent advice to those who are commercializing new products, and those who invest in them as well.

Venture pitches by entrepreneurs were judged by experienced investors from the California Coast Venture Forum; Connolly Bove, Lodge and Hutz, LLP; Technolplex; and other firms who selected which companies should be awarded plaques for

  • The most innovative technology
  • Likelihood of acquiring funding
  • Best management team
  • ...and the People’s Choice was voted on by the entire audience.

Most Innovative Technology

Advanced Algae, Inc., winner of the Most Innovative Technology Award at the recent PortTechExpo and Venture Conference, is the latest company to sign with PortTechLA as a resident client of the program.

Judged the most innovative technology on display from almost two dozen competitors at the recent PortTech Expo, Advanced Algae’s APAR (Automated Photosynthetic Algae Reactor) is unique in its field. Chief Executive Officer Dale Hinkens explains that the gravity-fed APAR optimizes sunlight, nutrient flow, residency time, and oxygen release so that it maintains a consistent algae bloom for maximum CO2 and NOx consumption. At the same time it is cost efficient, with a closed loop design that maintains algae purity.

“Our goal at PortTechLA is to work with companies like Advanced Algae and propel them forward in the market,” said PortTechLA Executive Director Jeff Milanette. “We can accelerate companies with sales, and incubate those that need more time to develop their business model. Advanced Algae is a great fit for us because it demonstrates the “value-added” by locating with PortTechLA and taking advantage of our market reach."

PortTechLos Angeles: development, testing, commercialization, manufacture and marketing of sustainable solutions

Located in San Pedro, California, adjacent to the Port of Los Angeles, PortTechLA is designed to incubate or accelerate technology company growth through assistance with the development, testing, commercialization, manufacture and marketing of the products and solutions required to ensure the sustainability of the ports of the future.

In addition to providing for the physical space needs of technology companies, PortTechLA can provide business mentoring services, with seminars in finance, marketing, intellectual property protection, personnel management and other business skills as needed. Access to Angel investors and early-stage venture capitalists is also provided. For more mature companies that locate at the Port of Los Angeles, PortTechLA acts as a conduit to the public and private resources required to quickly establish a presence in the local market.

Learn more about PortTechLA at their website.

Edited by Carolyn Allen, owner/editor of California Green Solutions
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