SOURCE: SURGE Accelerator

SURGE Accelerator

October 11, 2012 17:43 ET

SURGE Accelerator Accepting Applications for Next Class of Energy Software Startups

SURGE Will Select Ten Startups With IT

HOUSTON, TX--(Marketwire - Oct 11, 2012) -  SURGE Accelerator (www.surgeaccelerator.com) announced that applications are open for the Spring 2013 class of entrepreneurs and startups. SURGE hosts a 12 week bootcamp for companies with software solutions for the energy industry and helps founders  raise capital and land pilot projects. Accepted companies receive a cash investment, complimentary services and support, and mentorship from industry experts, seasoned energy entrepreneurs, investors, and potential customers.

Last Spring, SURGE hosted ten companies focused on various energy segments ranging from the digital oilfield and energy trading software to smart grid. Since completing the program, graduates have received financial investments, landed major pilot projects, and won recognition at other conferences.

Kirk Coburn, SURGE Co-Founder, says: "SURGE supports companies during their earliest and most critical stage by immersing founders into the energy ecosystem unique to Houston, 'The Energy Capital of the World.' SURGE provides deep domain expertise, relationships with key players, and the resources needed for transformational entrepreneurship within the energy vertical."

Germana Paterlini, CEO of FuelMiner Inc. and SURGE Graduate, says: "The SURGE program gave our startup the jolt it needed. We had been tinkering with the... business idea for a couple of years, but were uncertain how to make it happen. Within the first week of the program, we had access to this incredible network of mentors, potential investors and customers."

SURGE evaluates applications across several factors including leadership team, potential market size, and financial viability. SURGE encourages interested companies to apply early to receive special consideration. Applications close on November 30th, 2012.

About SURGE Accelerator

SURGE Accelerator is a mentor-driven, seed accelerator solving the world's energy problems using software. Based in Houston, "The Energy Capital of the World," SURGE assists companies seeking to innovate and exploit the massive shifts in technology, policy and expertise in the traditional energy industry. SURGE provides entrepreneurs with the seed capital, expert mentorship, and industry ecosystem to rise to true market validation. SURGE's Texas-based and nationwide resources ensure entrepreneurs benefit from one of the world's best ecosystems to help an entrepreneur grow their company from idea to prototype to market leader. For more information on SURGE and the application process, visit www.surgeaccelerator.com.

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