Walter Stewart
Provo, UT (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Go Green Power
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Startup
Location:
Provo
Industry:
Bio-Technology
Year Founded:
2009
Number Employees:
1-10 people
Description:
GO GREEN POWER Technology- has invented its Smart Power Module (PCM20) and is seeking funding for production and marketing. This is microprocessor centered technology that has promise to be a quick hitter for obtaining market share and at the same time creating new markets in a rather fledgling field (utility power savings by means of power correction). Power Correction that is microchip (microprocessor) controlled is currently only available to a few very large $20,000+ per-month-utility users, who likewise can purchase such technology at costs ranging in excess of $100K to install! The GO GREEN Smart Power correction module (PCM20) will provide a first in microchip-power-correction technology for residential and small to large business users for a targeted cost per “Smart Power” module of $350. This market is very affordable for such users and has potential to be very significant, once marketing strategies can become effective to educate the advantages and savings of such technology (would likely pay itself out in about six months of operation for the average user utility -- savings of 30% to 40% on total bill - depending on motor load percentages of utility usage).
The Smart Power module is not requiring any R&D funding – it is totally designed and currently on a beta sight, there is not a need for technology development funding, all that is required now is capital for production and marketing. That is the area that GO GREEN is seeking capital to fund. It promises great returns for any startup capitalizations.