The partnership shows Blackstone recognizes the early success of the Energy Excelerator and that Hawaii is the ideal test bed for new energy innovation. Blackstone Charitable Foundation’s Entrepreneurship Initiative is committed to strengthening and supporting entrepreneurs and entrepreneurial ecosystems globally. “Through our Entrepreneurship Initiative, the Foundation is committed to strengthening and supporting entrepreneurs and entrepreneurial ecosystems globally through programs that enable the most promising new companies to remain and grow in their local economies,” said Amy Stursberg, Executive Director of the Blackstone Charitable Foundation.
Headquarters: New York, New York
Established: 2007 (Blackstone est. 1986)
Size (parent company, Blackstone): 2,000 employees; IPO in 2007
Industry: Asset management
The Energy Excelerator was selected as one of 20 organizations that strengthen entrepreneurial ecosystems and support high-growth entrepreneurs. The 20 organizations were selected from over 550 applications and include: Idea Village (New Orleans), Launch Tennessee (Nashville), Venture for America (New York), and others.
Growing the local ecosystem: The Blackstone Charitable Foundation will help the Energy Excelerator grow the entrepreneurial ecosystem in Hawaii.
Measuring impact: In addition to growing the local ecosystem, the Blackstone Charitable Foundation will help the Energy Excelerator measure its impact on Hawaii and the national energy system.