Rep. McNerney Visits Sunverge Energy for Startup Day Across America
Stockton, CA – Today, Congressman Jerry McNerney (CA-09) participated in Startup Day Across America, a national initiative to highlight the entrepreneurship and innovation of startup businesses, by touring the research and development center for Sunverge Energy, a renewable energy company focused on intelligent energy storage and distributed energy resource management. The Congressman’s visit illustrated the important role of startup businesses as job creators in local economies, and provided a forum to discuss the challenges that startups face, in an effort to help expand startup opportunities in California’s 9th Congressional District.
“Startups and entrepreneurs play a vital role in our nation’s economy by helping to address some of our most pressing issues, and more young companies should be developing right here in San Joaquin County. I’m proud to participate in Startup Day Across America to recognize the job-creating contributions of local companies like Sunverge Energy and others that harness innovation and ingenuity to promote greater renewable energy use and improve grid reliability,” said Rep. Jerry McNerney. “We can do more to foster startup opportunities and bring them to the region by promoting collaboration and resource sharing, investing in STEM education programs to prepare students to lead these companies of the future, and supporting policies that help turn innovative, unique ideas into America’s next great startup venture.”
Sunverge Energy is best known for its Solar Integration System (SIS). According to Sunverge, the SIS is a distributed energy storage and management appliance made up of powerful storage batteries, electronics, and system-management software running in the cloud. This system, used by consumers and utilities, helps lower energy costs, increases energy reliability, strengthens the grid, and accelerates the adoption and integration of distributed renewable energy.
“Sunverge welcomes Rep. McNerney’s visit on Startup Day Across America and applauds his leadership on this issue of crucial importance to both the environment and our economy,” said Sunverge Co-Founder and CEO Ken Munson. “Six years ago, Sunverge was a new company with new ideas for changing the way we manage renewable energy. Today, thanks to the support of leaders like Rep. McNerney, Sunverge employs more than 70 people in California, Georgia, Oregon, Massachusetts and Australia, and we are on track to double in size next year as we continue to develop innovative solutions in distributed, renewable energy for consumers and utilities.”
Sunverge Energy was founded in Stockton, CA in 2009. The company’s headquarters is now located in San Francisco, while it runs its research and development operations in Stockton.
An analysis of CrunchBase and AngelList, two startup online databases, shows that there are fewer startups in areas like San Joaquin and Contra Costa Counties relative to the greater Bay Area region.
Startup Day Across America, a bipartisan and bicameral effort, provides local entrepreneurs with an opportunity to educate Members of Congress about the challenges they are facing and provide input on how policymakers can support their efforts to test new ideas, create new products, and grow their business.
To learn more about Startup Day Across America visit: www.startupdayacrossamerica.com.
Navigating the tricky field of startups and entrepreneurial opportunities can be difficult for people outside the entrepreneur community. This is why Rep. McNerney recently introduced the Strengthening Technical Assistance, Resources, and Training to Unleash the Potential of Veterans (STARTUP Vets) Act of 2016. This legislation would connect veterans aspiring to become business owners with technical and financial resources via incubators and accelerators that commit to creating more veteran-owned and operated businesses.
Rep. McNerney is a member of the U.S. House Energy and Power Subcommittee within the House Energy and Commerce Committee and also co-chairs the House Grid Caucus.
Rep. Jerry McNerney proudly serves the constituents of California’s 9th Congressional District that includes portions of San Joaquin, Contra Costa, and Sacramento Counties. For more information on Rep. McNerney’s work, follow him on Facebook and on Twitter @RepMcNerney.