BitGrid, a utilities data platform company created by two George Washington University seniors, made it to the final round of the Cleantech Open, held last week in San Francisco.
In the contest against more “mature” companies, CEO Charles Taylor said, the startup didn’t fare too badly. It won first place in its category — information and communications technologies — after winning $20,000 in in-kind services as a Southeast finalist.
This and earlier grant victories have allowed the company, now located in Dupont Circle, to run a lean enterprise with no outside investments.
“We’re using any money to really sustain ourselves now,” said Taylor, the science brains of the operation. President Justin Hyde jumped in on the project after Taylor presented his idea at the GW Pitch George Competition last year.