As a result of winning the Hilo Demo Day, Ikehu will now head to the Maitai Tech Night that will be held on Maui this Thursday, May 15. The Tech Night is a lead-up to Maui’s Startup Weekend held May 16 -18 at the Maui Research and Technology Center in Kihei. The Maitai event is part of Maitai Global’s recently announced Extreme Tech Challenge – an international competition to identify emerging tech entrepreneurs.
Ikehu was awarded a Small Business Innovation Research (SBIR) Grant from the National Science Foundation (NSF). The award funds a six month trial of the DRIVE™ Platform to test how consumers modify electricity consumption to align with renewable, and often intermittent, energy supply.
Hawaii247, a local news service, has posted a feature article about this.
Ikehu team participates in a weekend hackathon called “Hack for LA”. The team created a modified version of its rewards program called Mehavior. The idea is that miles/points are rewards that can foster positive outcomes in education and civic engagements. The Mehavior prototype application won two awards: a $1,000 cash award and $500 in credits from Amazon Web Services.
Ikehu is selected as a Top50 startup in the 2012 Startup Open, a worldwide competition to select the Global Entrepreneurship Week 50. The GEW50 are the most promising ventures and are selected based on a range of criteria including strength of concept, growth projections, and knowledge of the market.
Those 50 companies will then compete for a handful of prizes and the winners will be announced during Global Entrepreneurship Week, November 12-18, 2012.
The GEW50 list of companies is here: http://startupopen.com/gew50/profiles-from-2012/
The U.S. Department of Energy posted a video from the Energy Datapalooza event. DOE Secretary Dr. Steven Chu and Chief Technology Officer Dr. Todd Park discuss the importance of energy data and entrepreneurship.
We were fortunate to have the Ikehu team prominently featured in this short video.
The Energy Datapalooza even was held at the Eisenhower building (adjacent to the White House) in Washington, DC on October 1, 2012.
Winners in the Apps for Energy contest were recognized and showcased. The one day event featured speakers from various energy and technology businesses.
Ikehu President & CEO Holland Wood called in to “Business Rockstars” show on radio station KFWB in Los Angeles. This is a follow up to a discussion the day before when the show’s host, Ken Rutkowski, asked to review the company’s concept in more detail.
(The call starts at 1:06:17 and ends at about 1:10:16.)
Press Release July 9, 2012
Hawaiian Startup Wins US Department of Energy Award for Technology Designed to Reduce Energy Consumption
Soon, consumers will have a new incentive to reduce energy consumption: free airline miles.
A startup company recently won an award in a contest sponsored by the U. S. Department of Energy. The award was given for a technology called the Demand Response Incentive (DRIVE™) System. The DRIVE™ technology gives power companies the ability to offer airline miles to their energy efficient customers.
The company that developed DRIVE™ is Ikehu Natural LLC, a startup based in Hawaii. The company hopes that the award generates interest by power companies around the world.
“It’s an honor to be selected among the winners in such a prestigious competition” says Holland Wood, Ikehu’s CEO and founder. “Soon, utilities will have the ability to use airline miles to guide consumers towards responsible energy use.”
The DRIVE™ Mobile App and platform will utilize existing web and smartphone technologies so it can be deployed by virtually any power company. This patent pending solution …