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Local companies, groups part of $60 million initiative for energy technology company startups | Local Business News
Technology

Local companies, groups part of $60 million initiative for energy technology company startups | Local Business News

State energy companies Williams, ONEOK and Devon Energy, along with venture capital firm Energy Innovation Capital (EIC) and tech-focused nonprofit Tulsa Innovation Labs (TIL) are collaborating to transform the area into a hub for energy technology startups.Spearheaded by EIC, the initiative seeks to attract energy technology startups to the region with access to resources that include free office space and custom startup support services. EIC also provides access to early-stage capital with a $50 million fund and assist startups to pilot forward-looking technologies with founding corporate partners Williams and ONEOK, both of which are headquartered in Tulsa, and Devon Energy, based in Oklahoma City. Check out our latest digital-only offer and subscribe nowBy boosting ...