VentureWell Connect

VentureWell Connect

Week of June 27, 2024

Every week, we share a quick digest of stories and resources related to the science and technology innovation and entrepreneurship ecosystem.


Meet the 2024 Rose Rock Ascend Cohort

Fifteen energy startups were selected to participate in the Rose Rock Ascend Program, powered by Rose Rock Bridge and VentureWell , for their exceptional work in geothermal energy, critical minerals, methane management, carbon-to-value, and produced water. These startups will receive intensive training designed specifically for deep-tech companies in the early stages of preparing for investment, culminating with an in-person workshop with Rose Rock Bridge and partners in Tulsa, Oklahoma, August 7-8.

Participants are spearheading efforts to develop innovations like an autonomous sensor system for extracting energy resources remotely, and an AI-powered prediction system that supports investment decisions in geothermal energy.

Learn More About the Cohort


Here’s What We’re Looking For in Ascend Energy & Mobility Accelerator Submissions

If you know pre-seed energy startup founders who have not yet raised institutional equity financing, we encourage you to tell them about the Ascend Energy & Mobility Accelerator, powered by VentureWell, TechTown Detroit, and DOE’s EPIC Prize . Over eight weeks, 10 selected startups will receive intensive training specifically designed to equip them with the partnerships and investment necessary to launch. We’re looking for:

  • Sector-specific solutions for energy and mobility companies
  • A Michigan-based key founder or team lead
  • Startups already legally incorporated or intending to incorporate in the near future
  • A proof of concept or beyond, and the potential for intellectual property creation

Register for the last information session on Monday, July 8, at 12:00 p.m. ET . Applications are due July 15.

Apply Today


Office Hours Are Available To Unlock Federal Contract Readiness for Inclusive Institutions

As part of our “Funding Futures Webinar Series,” we are preparing Historically Black Colleges (HBCUs), Tribal Colleges and Universities (TCUs), and Minority-Serving Institutions (MSIs) to navigate the landscape of federal contracting with the U.S. Department of Energy. Join us for our weekly office hours every Friday through September 27, where institutions will receive guidance on submission requirements for the American-Made MSI Contract Readiness Prize . During office hours, we will answer questions about the prize, offer personalized application support and feedback, and connect institutions to regional workshops, trainings, and federal centers focused on contract readiness.

Register Now


Mapping the Competition for the American-Made Solar Prize Round 8

There are already 21 teams across 25 states in the U.S. that are registered to compete in the American-Made Solar Prize Round 8 . Innovators with a compelling solution in the solar industry are invited to compete in three challenges with increasing cash prizes:

  • Ready! Contest: $50,000
  • Set! Contest: $100,000
  • Go! Contest: $500,000

Register for an info session on Tuesday, July 9 at 2:00 p.m. ET for additional tips, guidelines, and information on the application process. Submissions for READY! are due September 26.

Apply Today


Innovation & Entrepreneurship News

  • Louisiana State University featured Deshpande Symposium awardee Andrew J. Maas , associate vice president for Research, Office of Innovation, and Ecosystem Development at Louisiana State University.
  • Aspire Climatetech alumnus ReJoule was named a semifinalist in the U.S. Department of Energy’s Re-X Before Recycling competition.
  • Past VentureWell faculty grant recipient Dean Chang shared a recap of the 13th Annual Deshpande Symposium.


Join Our Team

Job Posting: Salesforce Platform and Web Developer

We’re looking for a Salesforce platform and web developer with an analytical mind who loves designing, developing, and implementing creative technology solutions to support business processes. This person will develop and maintain WordPress websites using both PHP templates and newer Gutenberg Block development, use responsive design principles to ensure optimal user experience across devices, and implement accessibility-first solutions.

Apply Now


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