Huntington Bank has generously donated $10,000 to BRITE Energy Innovators to support startups through its mentorship program. BRITE provides individualized one-on-one guidance from industry experts to assist new energy technology companies.
“We see a steady increase in inquiries for our services,” said Jing Lyon, BRITE’s Entrepreneur Programs Director. “To meet demand, collaborators such as Huntington Bank are critical for building our core programming such as BRITEbase, our accelerator, so that we can best utilize our growing network of mentors and partners.”
This approach is resulting in BRITE connecting market-ready startups with proof-of-concept partnerssuch as utilities and manufacturers.
“Incubators like BRITE Energy Innovators are critical to continuing growth in the Mahoning Valley and surrounding areas, and we see great opportunity in teaming up with an energyincubator,” said Sam Huston, Community President in Mahoning Valley for Huntington. “BRITE is a conduit for leading edge technologies, and we want to do all we can to helpstartups with their financing needs to foster growth and staying power in our communities.” In terms of impact, this donation will allow assistance to a cohort of startups, which in turn will result in $250,000 in leveraged near-term public and private investment for solving today’s greatest sustainability and resiliency challenges.
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From Left to Right: Julie Strickland, Community Development Relationship Manager – Rick Stockburger, President & CEO of BRITE, Sam Huston, Community President, Mahoning Valley and James Stallsmith, Business Banking Relationship Manager