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The Montgomery County Economic Development Corporation (MCEDC) on Wednesday announced the first six companies selected to participate in the Hospitality Tech Accelerator: Innovating the Future.
The inaugural cohort includes early and growth-stage startups focusing on some of the hospitality industry’s top sustainability challenges, such as energy, water and waste reduction and management. Participating teams will be supported throughout the program by experts from the Growth Advisors International Network (GAIN) and Betsa Green’s Innovation Lab Advisory Network in the sustainability, travel, food service and hospitality industries.
MCEDC will host a public panel discussion on June 21 when panelists will share their innovations with the leadership of global hospitality brands. The event will be held at the Maryland-National Capital Park and Planning Commission (M–NCPPC) headquarters in Wheaton.
The first cohort members of the Hospitality Tech Accelerator: Innovating the Future include:
- Ecoton Renewables is building a zero-waste world by eliminating food waste and encouraging sustainable communities through innovative and climate-smart practices. Their 5-step process involves separating plastic, metal and glass from food waste and converting the food waste into methane gas and liquid compost. And no license is required. This process offsets 90 pounds of carbon dioxide emissions per gallon of carbon-negative organic fertilizer.
- H2O Connected LLC is a woman-owned, qualified Opportunity Zone business headquartered in Coatesville, Pennsylvania. The company develops multi-patented products and technologies that can detect, warn and measure all types of water loss problems that can occur in container toilets. In the near future, LeakAlertor PRO is a wireless in-tank system for hospitality and multi-tenant properties that installs in seconds, sends a text message when a significant water leak occurs, and provides water loss data and water usage analytics on a dashboard. .
- Liatris is a clean-play thermal insulation startup that aims to deliver the cleanest and fastest energy savings to businesses and consumers, and is easy to install, environmentally friendly, non-flammable and non-toxic.
- INOVUES modernizes facades and transforms their windows into smart, energy-efficient, renewable systems without replacement or disruption. Our non-invasive Glass Aptitude technology makes it possible to integrate the latest energy-efficient and smart glass innovations into existing windows without removing, replacing, drilling or altering anything. INOVUES’ cost-effective window retrofit innovations help building owners save up to 40% on energy consumption, improve indoor thermal and acoustic comfort, and increase the value and durability of their buildings.
- PACE AI uses proven, scalable smart grid, smart buildings and smart cities AI and machine learning solutions to reverse climate change, build better infrastructure, provide risk management and save money.
- Re Company is a turnkey reusable packaging service provider for large companies with on-site food service that combines packaging, smart return stations and management software. They specialize in sustainable supply chain management and help clients reduce packaging costs and waste by up to 89% with a 6-12 month ROI. Ray Co. is a supplier to large corporations such as Pepsi, Starbucks and Google, and food service companies such as Sodexo and Compass are involved in current implementations.
Montgomery County is a major hospitality hub that includes the headquarters of Marriott International, the world’s largest hotel and international hospitality company, and Choice Hotels, the world’s largest lodging franchisor. BF Saul, Sodexo and Host Hotels & Resorts are among the many hospitality companies that call Montgomery County home.
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