Energy startup wins grant to power up
A startup that’s developing a water-based residential alternative energy system has won a grant to move its product to the next phase.
Holland-based Synergy Power received the $10,000 business accelerator fund, or BAF, grant via Lakeshore Advantage’s SURGE program.
West Olive-based ACRE AgTech assisted Synergy Power in applying for the grant.
Synergy’s flagship product, the Synergine, is a zero-emissions energy system that uses hot and cold water to create alternative energy.
The Synergine is about the size of a kitchen table and has the design intent to power an entire family home.
“I began working on this concept several years ago, because I knew there had to be a more cost-effective way to create reliable, emission-free power,” said Emil Ureel, founder, Synergy Power.
The BAF grant will pay for the installation of the first fully operational Synergine test unit at a residential site in West Olive this fall. The Synergine will be hooked up to a wood boiler that provides heat and hot water to the landowner’s machine shop. Hot water from the boiler will be routed through the Synergine to provide continuous power to the shop, with the potential to support the structure’s total power needs.
ACRE AgTech has worked alongside Ureel to help secure the startup’s first private investor, build the scaled prototype and secure grant funding for legal costs through Varnum’s MiSpringboard program.
Doug Huesdash, business development manager at ACRE AgTech, said the path to commercialization will begin with the wood boiler furnace market, and opportunities exist to eventually expand to the residential, industrial, agricultural and humanitarian markets.
“Many people that buy wood boilers want to be off-grid,” Huesdash said. “They want to be self-reliant. The Synergine will allow them to not only heat their homes, but also generate reliable electricity.”
Lakeshore Advantage’s SURGE program is supported via a partnership between the Michigan Economic Development Corporation and the Michigan Small Business Development Center.