A report in WilmingtonBiz says there will be investors from Tennessee is the $1.8 million fundraising effort.

The company was the winner of the Ballard Innovation Award two years ago.

That's according to research by Venture Capital Journal as reported by CNBC.

The program will support small and medium-sized manufacturers that are focused on producing and recycling clean energy products, as well as investing in decarbonization at their facilities.

Nine companies have been selected for an award, noticing their impact on the local economy.

The late afternoon and evening event is a collaboration between Crunchy Mama Box and Authority Magazine.

Known as one of the pioneers of the Cincinnati start-up ecosystem, J.B. Kropp has served in impact-building roles since 2010.

Georgia Tech receives award from the U.S. Department of Energy for the development of GridLogic, a device to protect the electric grid.