Bright Power awarded $250k Mission: Small Business Grant


Bright Power was awarded a Mission: Small Business grant to expand its energy management business for multifamily buildings. Selected from over 70,000 applicants, Bright Power was one of 12 businesses to receive a $250,000 grant from Chase and LivingSocial. Bright Power was selected for its growth plan, creativity, passion and potential to make a positive impact on the community. See the list of recipients!

Mission: Small Business Grant Recipient

“This award will enable Bright Power to enhance our EnergyScoreCards software-as-a-service platform, increase energy performance feedback to customers and expand outreach via social networks.  As a triple-bottom-line company, we look forward to using these funds to continue to improve the lives of our employees and customers, reduce our impact on the planet, and grow the business,” said Jeffrey Perlman, president and founder of Bright Power.  “Congratulations to the other winners and thank you to the judges, Chase, LivingSocial and to the community at large for your support!”

JP Morgan Chase Press Release

This award comes at a time of growth for Bright Power, as demand for energy management, energy audits, benchmarking, energy efficiency upgrades and solar energy systems is increasing.   Bright Power recently expanded into new office space to accommodate this growth.  This year, the company expects to add another dozen employees to its 30-person staff.  “This is such an exciting time in Bright Power’s history,” said Perlman.  “We are thrilled to receive this recognition of our staff’s hard work and dedication, and we can’t wait to use the grant towards building an even brighter future for our company.”

About Bright Power

Bright Power provides practical energy management solutions that save building owners energy, money and time.  Bright Power focuses on multifamily residential apartment buildings, enabling them to reduce waste, improve cash flow, achieve energy law compliance and make building occupants more comfortable.  Clients include building owners, management companies, developers, contractors, architects, governments and utility companies.

Founded in 2004 and headquartered in New York City, the company has worked with over 5,000 buildings across 48 states, and has been growing steadily at 50% per year.  Energy management services include: energy benchmarking including our EnergyScoreCards software, energy audits, financial and technical feasibility analysis, energy procurement, grant & rebate assistance, green building (LEED®) consulting and trainings for professionals and building managers.  Design, construction management and commissioning services cover a wide range of energy technologies, including: solar electricity and solar thermal systems; heating, cooling & HVAC systems; building enclosures and lighting.

About Mission: Small Business

From May 7 through June 30, Chase and LivingSocial invited small business owners who had been in business for at least two years and had fewer than 100 employees to visit applied to the grant program. Each business was required to answer questions about why their business is unique, outline a proposed plan for utilizing the grant to grow their business and describe how the business is involved within its community.

Consumers were invited to show their support by visiting and voting for their favorite registered small businesses. Businesses were required to receive at least 250 votes to be considered for a grant.

Grant recipients were selected by a panel of small business experts including:

• Steve Case, entrepreneur and co-founder of AOL; CEO, Revolution LLC
• Candace Nelson, founder of Sprinkles Cupcakes
• Jason Calacanis, CEO,
• David Chavern, executive vice president and chief operating officer, U.S. Chamber of Commerce
• Richard Quigley, president, Business Card, Chase
• Tim O’Shaughnessy, CEO and co-founder of LivingSocial