Crowd Energy Selected as Semifinalist in Kauffman Foundations One in a Million Competition
Crowd Energy has been recognized as a semifinalist in the Kauffman Foundation's "One in a Million" competition, which highlights innovative business concepts across the nation. Their cutting-edge ocean turbine technology aims to generate renewable energy by harnessing the power of ocean currents, reducing dependency on fossil fuels and nuclear energy. As one of only 15 companies selected for this prestigious competition, Crowd Energy showcases the potential of clean energy solutions. General Manager Brian Allen remarked on the advantages of participating in 1 Million Cups Tacoma, expressing excitement about the local entrepreneurial ecosystem's support. Mayor Marilyn Strickland commended the program's ability to elevate small clean energy firms to a national stage, reflecting Tacoma's commitment to fostering innovation.
The success of Crowd Energy underscores the city's strategic position as a hub for high-tech entrepreneurship in the Puget Sound Region. With regular meetings at The Swiss Restaurant and Pub, 1 Million Cups Tacoma continues to engage and connect local entrepreneurs. As the competition progresses, Crowd Energy's advancements may inspire further investment and interest in renewable energy technologies.