Darren T. Kimura founded Energy Laboratories in 2000 to expand and diversify his successful company Energy Industries. Energy Industries is a global developer of energy projects working on demand and supply side solutions.
Mission: Energy Laboratories serves as a place for energy ideas to incubate and develop.
Core Value: We look for near term disruptive technologies that help our users and the environment solve energy problems.
What we do: We seed very early ideas as they become businesses. We provide research, engineering and entrepreneural development.
Stats:
Only 1 out of 20 ideas developed in the labs graduate.
All of the graduates from the labs:
Surpassed $2 million in revenues in 3 years, most achieve this mark in 2 years.
Are in operation today.
The top producing graduate achieves $50 million in annual revenues.
Most of the graduates are organically grown companies.
All of the graduates started in Hawaii creating jobs, exporting services, bringing Hawaii talent back.
Most of the companies have grown nationally or internationally but still retain a Hawaii presence.
Our funding :We are mostly funded by Energy Industries Holdings, Inc. our parent organization.