The Dominion Energy Innovation Center, based in Ashland, has introduced a pitch competition focused on nuclear and hydrogen energy sectors, fostering the growth of Virginia nuclear hydrogen energy startups. Named ‘Spark Virginia’, this program targets startup founders with innovative technologies in nuclear and hydrogen energy. The program will consist of a 24-hour session culminating in a pitch competition with prize money. Initially starting in Richmond, the program plans to expand to Hampton Roads and Northern Virginia, funded by a $50,000 grant from the Department of Energy’s EPIC Prize challenge.

Introduction

From Richmond BiZSENSE By Jack Jacobs

Dominion Energy Innovation Center’s New Pitch Competition

The Dominion Energy Innovation Center, an Ashland-based startup incubator, is adding a pitch competition focused on the nuclear and hydrogen energy sectors to its programming lineup.

Spark Virginia Program Details

The DEIC plans to hold the first session of its new Spark Virginia program in late February in Richmond. The program is aimed at budding startup founders in Virginia who have ideas for new nuclear and hydrogen energy technologies they have developed either independently or in university labs.

Program Structure and Goals

Spark participants will take part in a 24-hour session that will culminate in a pitch competition with prize money. Participants will be able to meet and collaborate with one another, learn from industry players and workshop their ideas with an eye toward commercialization.

Expansion Plans and Funding

While the program is set to kick off in Richmond, there are plans for similar sessions in Hampton Roads and Northern Virginia. The program is funded through a $50,000 grant from the Department of Energy’s EPIC Prize challenge, with plans to expand further.

Question & Answer

What is the Dominion Energy Innovation Center’s new pitch competition focused on?

The pitch competition is focused on the nuclear and hydrogen energy sectors.

What is the name of the program introduced by the Dominion Energy Innovation Center?

The program is named ‘Spark Virginia’.

What is the structure of the Spark Virginia program?

Participants will take part in a 24-hour session culminating in a pitch competition with prize money. They will have the opportunity to collaborate, learn from industry players, and workshop their ideas.

Where does the Spark Virginia program initially plan to start?

The program will initially start in Richmond, with plans to expand to Hampton Roads and Northern Virginia.