The Dayton Development Coalition’s Accelerant program has invested $500,000 in another startup, and they expect to fund two more companies by the end of the year.
Accelerant, an initiative of the coalition that funds seed-stage companies, announced it is investing in Dayton-based startup GreenSpace Enterprise Technologies. The coalition has granted funding to seven companies since 2007.
GreenSpace, founded by Springboro resident Jason Terry, is developing occupancy management technology for large corporations. The technology addresses a growing issue for companies — it helps businesses with large buildings or multiple sites determine what space is actually being used throughout the work day.
“It can drive behavior change for how companies use space,” Terry said.
GreenSpace uses occupancy sensors to gauge what rooms are being used, and connects to a mobile app, a display tablet outside of rooms and a scheduling calendar. It cost about $125 to make one sensor, which will be manufactured locally.
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“These large companies will go out and pay consultant groups, and often spend hundreds of thousands of dollars to do these occupancy management assessments,” said Roger Edwards, Accelerant’s entrepreneur-in-resident. “A lot of…