Energy Aware - Poster Child for Young Entrepreneurs

Posted by Rob Lewis

Vancouver's Energy Aware Technology announced yesterday that it has licensed the technology for its innovative PowerTab to Comverge, Inc, a leading provider of clean energy through demand response. The PowerTab is an In Home Display (IHD) that provides homeowners with real-time information on power consumption, electricity rates and messages from their utility service provider.

Energy Aware provides innovative demand management solutions for today's changing electrical grid. If you've toured the Millennium Water presentation centre in False Creek, you have seen Energy Aware's PowerTab in action as their monitoring products are being installed in the Vancouver 2010 Olympic and Paralympic Village.

Yesterday's news does not come of much of a surprise considering Energy Aware's trajectory over the past three years. I like to think of them as a poster child for young entrepreneurism in British Columbia as they have capitalized on all the great resources and financial support available. Have a look at their successes to date:

2005

  • Company formed during a unique collaborative UBC course called New Venture Design which brought together engineering and business students
  • Won first place at Enterprize Canada - a national business plan competition and conference hosted by the Sauder School of Business

2006

2007

  • Developing prototypes and were part a successful bid on the Vancouver 2010 Olympic Village
  • PowerTab Energy Monitor Model on display in Millennium Water Presentation Centre
  • Successfuly closed an Angel round of funding

2008

Company:
Energy Aware Technology
Website:
http://www.energy-aware.com
Location:
Vancouver, British Columbia, Canada

Energy Aware Technology is developing the PowerTab, a device that provides real-time feedback on the electricity consumption in the home in dollars and cents. The PowerTab monitors your total household consumption and presents the information on a user friendly, wireless display that you can take anywhere in the home. The Powertab also forecasts what your bill will be at the end of your billing cycle, allows you... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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