Governor Cuomo Announces Winners of 76west Clean Energy Business Competition to Boost Economic Development and Combat Climate Change

October 19, 2020

ThermoAI Receives $1 Million Grand Prize and Will Expand Business in New York's Southern Tier

Competition Advances Innovation to Lower Carbon Emissions in Support of New York's Nation-Leading Climate Leadership and Community Protection Act

Governor Andrew M. Cuomo today announced $2.5 million in support to four winners of the 76West Clean Energy Business Competition to advance innovation to lower carbon emissions and spur economic growth in New York State. ThermoAI, a company from Montreal, Canada, received the top $1 million grand prize award for its cutting-edge technology, which reduces carbon emissions and increases energy efficiency, enabling the company to expand its business operations in the Southern Tier. This announcement supports Governor Cuomo's mandate for an 85 percent reduction in greenhouse gas emissions by 2050 as directed in the Climate Leadership and Community Protection Act and complements the "Southern Tier Soaring" strategy to create economic growth and community development in the region.

"Investing in pioneering clean energy technologies is a critical piece of New York's aggressive strategy to combat climate change, reduce greenhouse gas emissions and help create jobs in the process," Governor Cuomo said. "The 76West Competition creates compelling opportunities for companies from around the world to partner with us at the forefront of climate change strategies that tie innovation solutions with growth of the green economy in our state. We congratulate the winners, who will help us build a stronger, greener and more sustainable empire state for future generations."

Read the full press release here.