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Clean Green Chesapeake – A Tenant in UMBC’s Clean Energy Technology Incubator

March 31st, 2010 | No Comments | Posted in Algae-Energy-Companies

Baltimore County Executive Jim Smith, UMBC President Dr. Freeman Hrabowski, and Maryland Clean Energy Center Executive Director Kathy Magruder  officially opened Maryland’s first Clean Energy Technology Incubator at UMBC. Baltimore County is providing a $75,000 grant over two years through its Department of Economic Development to partially fund an Entrepreneur in Residence at the incubator.

Six companies were announced as the first tenants in the incubator, which is located in the Biotech Building on UMBC’s South Campus. The incubator contains approximately 18,000 square feet of combined office and wet laboratory space. Of these, A company called Clean Green Chesapeake, LLC  Focuses on using algae to simultaneously generate clean water, sequestration of CO2 and biofuels.

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