SURGE Accelerator has formula for Energy Technology Startup Success

HOUSTON, Aug. 20, 2014 /PRNewswire/ -- The world's leading energy accelerator is now accepting applications from serious entrepreneurs to join its Spring 2015 class. 

SURGE is looking for entrepreneurs focused on solving large problems in the oil & gas, power & utilities, industrial, cleantech, and water sectors. The few companies who are selected will receive mentorship from the industry's top experts, customers, and investors. Participants will also receive seed capital, professional services, and access to labs. 

Since its first program in Spring 2012, SURGE has mentored three classes - totaling 34 companies - that have collectively raised $30 million in follow-on funding. Five of these companies have raised Series A rounds led by institutional investors. Companies who have graduated from the SURGE program have landed more than 75 pilots and major customers, including the industry's leading energy companies.

"We have built and proven the winning formula to help make successful energy technology companies," says Kirk Coburn, SURGE's founder and managing director. "The entrepreneurs that have brought their A-game to SURGE have landed cornerstone customers and raised significant growth capital. Do you have what it takes and are you ready?"

Applications must be submitted by October 15, 2014. To learn more about SURGE Accelerator and to apply for the program, visit http://www.surgeaccelerator.com.

About SURGE Accelerator:

SURGE Accelerator is the leading seed fund and mentor-driven accelerator that identifies, invests in, and enables entrepreneurs who are solving the world's energy problems using technology.  SURGE now ranks amongst the top 10 accelerators in the United States.  SURGE participants have raised $30M in funding, landed more than 75 enterprise customers, and created more than 200 jobs.

Based in Houston, Texas, "The Energy Capital of the World," SURGE hosts an intensive 4-month boot camp to identify leaders, validate business models, raise capital, and connect its companies to the global energy ecosystems.  SURGE has recruited more than 150 of the world's top scientists, engineers, executives, entrepreneurs, venture capitalists, and angel investors in the energy industry to serve as mentors.

For more information, visit www.surgeaccelerator.com and follow SURGE on Twitter, Like us on Facebook, and follow us on LinkedIn.

Media Contact:
832.214.0959 ext. 212
[email protected]

SOURCE SURGE Accelerator