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Staff photo / R. Michael Semple
Rick Stockburger, president and CEO of Brite Energy Innovators, left, and Anthony Frisone, co-founder and CEO of CZAR Power, talk about their new partnership while standing next to a grid simulator, a tool that simulates conditions to test grid-connected devices.
WARREN What Apple did for the iPhone combine a cellphone, camera and internet-ready computer into a single device is what CZAR-Power has done for clean tech power electronics, and now the startup is doing it in Warren.
On Monday, BRITE Energy Innovators introduced CZAR (Carbon Zero Advanced Research)-Power to the public and announced the company as a recent portfolio addition.
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WARREN A federal investment of $571,355 in BRITE Energy Innovators will enable the technology and energy storage startup incubator to expand its network outside of Ohio and acquire lab equipment to serve the growing e-mobility sector.
The funding award announced Thursday will allow the organization the only startup accelerator of its kind in Ohio to add staff, including an expert in battery technology, said Sara Daugherty, director of partnerships for BRITE.
Announced by the U.S. Economic Development Administration, the funds, matched by $155,699 in local dollars, are expected to create 200 jobs, retain 150 jobs and generate $100 million in private investment over the next 36 months.
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