Obama promotes clean energy agenda at Penn State

Continuing his theme of innovation, and following on from the launch of Startup America, President Obama toured the Penn State Engineering Lab - an NCIIA grant recipient - this week to talk about clean energy and business. While there he proposed a tax credit and other ideas aimed at getting businesses to retrofit their buildings and save costs.

This reminded us that in 2005, NCIIA awarded an E-Team grant to a Penn State student team to develop an energy conservation solution for small businesses and homes to do just that. The team launched a start-up, I-Conserve, one of a dozen alternative or clean energy companies that NCIIA has helped launch.