November 19, 2015
The second Foundry Cup will take place from March 23–25, 2016 in Crystal City. The theme for this one will be “Portable Power”. The competition will bring together innovators who will showcase new approaches to managing energy specifically in the way of game-changing approaches to versatile, mobile, power sources that will decrease government spending, reduce the carbon footprint and help improve our lives on this planet.
The Foundry Cup is organized by Eastern Foundry, an Arlington coworking space and accelerator for technology startups and small businesses. By offering physical workspace, services, training, and information their primary goal is to help large and small businesses build relationships with government agencies and work as contractors. Eastern Foundry, along with neighbors such as Vornado, TechShop, and 1776, have turned the neighborhood of Crystal City into a hub within a hub (the encompassing hub being Washington DC).
“We’re really excited to create a platform to bring together those who want to make a mark in the environmental space,” said Andrew Chang, cofounder and Managing Partner of Eastern Foundry. “We hope to find solutions that are beneficial across all sectors.”
Last June’s Foundry Cup had a similar social good angle. Finalists brought forth solutions, technologies and services to detect, alleviate, and/or provide support to veterans suffering from post-traumatic stress disorder.
“We care about our community and wish to see energy solutions that improve the lives of those around us, now and in the future,” said Geoff Orazem, cofounder and Managing Partner of Eastern Foundry. “Environmental issues are global and we want to do the best we can to make a difference.”
Applications opened on November 15th 2015 and will close on January 15, 2016. The three day competition will be capped off with Demo Day. On Demo Day, finalists will be evaluated by a panel of judges and the winning business, service, or idea will receive a cash prize of $10,000. There will also be a runner up prize of $5,000. Additionally, attendees will get vote for a “People’s Choice” winner which will receive a $1,000 prize.
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