Foley Hoag Clients Tank Utility and EverVest Win Top Prizes in National Cleantech Open Competition

Foley Hoag LLP clients Tank Utility and EverVest were awarded first and second place, respectively, in the Cleantech Open National Accelerator Competition.  Recipients were recently honored at the Cleantech Open Global Forum, held in San Francisco, CA.

Tank Utility, a provider of low-cost, internet-connected smart monitors for fuel tanks, earned the top National Accelerator Grand Prize. EverVest, the creator of software for analyzing, valuing and financing renewable energy projects, received second-place honors as the National Accelerator Runner-Up. Both Tank Utility and EverVest are based in Boston, Massachusetts.

Foley Hoag has provided ongoing counsel to the two cleantech startups on various legal matters. Mark Haddad and Sara Mattern are the primary Foley Hoag attorneys advising Tank Utility, while Mark Barnett and Mattern are the primary  attorneys advising EverVest.

The Cleantech Open provides entrepreneurs with the resources needed to launch successful clean technology companies that address the world’s most urgent energy, environmental and economic needs. Since its inception in 2006, over 1,000 startups in the United States have participated in the organization’s annual accelerator and mentorship program, the Cleantech Open Accelerator. The annual Cleantech Open Global Forum showcases the best new clean technology start-ups from regions throughout the U.S. and abroad who have recently completed the Cleantech Open Accelerator program.