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Boston-based energy software provider EnerNOC (Nasdaq: ENOC) said Thursday that it is partnering with Somerville-based green technology incubator Greentown Labs, giving the 50 companies and organizations there access to support from EnerNOC executives.
Financial terms of the deal were not disclosed, but highest level of Greentown sponsorships range from $50,000 to $300,000, according to Mark Vasu, Greentown Labs executive vice president.
As part of the partnership, EnerNOC will create a dedicated space at the incubator’s 33,000-square-feet offices that will provide an opportunity for EnerNOC employees and Greentown Labs entrepreneurs to collaborate. Hugh Scandrett, vice president of engineering at EnerNOC, will join Greentown Lab’s advisory board as well.
"For us, we look at the opportunity for partnerships as a mutual value collaboration," said Vasu, who pointed out that EnerNOC has been involved in Greentown Labs for the past few years now. EnerNOC was a pilot customer of one of Greentown's current cleantech startups, CrowdComfort.
EnerNOC and Greentown Labs are also developing a speaker series featuring women in technology to be launched on Nov. 6. EnerNOC has worked with Greentown Labs since 2012 and has served as a founding sponsor and judge of the Boston Cleanweb Hackathon and Data Jam Challenge, hosted at Greentown Labs. EnerNOC employees participated and judged the events, and provided mentoring and other support as part of their commitment to build talent and foster innovation in the Greater Boston area.
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