Aug 15, 2022
Selected to participate in competitive program for transportation infrastructure startups
Allium Engineering has announced today it was selected to participate in The Heritage Group (“THG”) Accelerator, a hard tech accelerator program at THG’s innovation hub in Indianapolis focused on building a sustainable future through innovation in specialty chemicals, advanced materials, infrastructure and construction, environmental solutions, and industrial systems. The company was selected after a rigorous application and review process.
Throughout the program, Allium will receive mentorship from executives, scientists, industry professionals, and successful entrepreneurs, and will be able to access THG’s 30+ operating companies to gain critical industry insights and opportunities to pilot its technology. The program will conclude on November 15 with a public event in which Allium will demonstrate its technology and pitch its businesses to a global audience of leading investors.
“The need for innovators interested in a greener future has never been more clear. At The Heritage Group Accelerator, we pair innovators with hand-selected resources and expertise to scale their transformative technologies and write the next chapter in sustainable manufacturing, materials, infrastructure, waste and water treatment, and other hard tech verticals,” said Nida Ansari, Managing Director of the THG Accelerator. “We are thrilled to welcome Allium to Indianapolis for our program.”
“We are beyond excited to be joining the Heritage Group, their member companies, and a number of other incredible hardtech startups for this accelerator program. The Heritage Group’s commitment to sustainability through innovation is truly commendable, and we see tremendous opportunities for us to grow over the next 13 weeks with them,” says founder/CEO of Allium, Steven Jepeal. “The world’s biggest problems need new materials and manufacturing technologies, and partnerships like this are a critical part of the solution.”
Allium will be greeted today by more than 150 industry, technical, and business professionals during a Welcome to Our Ecosystem event at THG’s innovation hub, The Center. Following that event, Allium’s founders will continue building relationships with Indiana’s startup professionals while packing meals for food-insecure Hoosiers during an interactive networking event in cooperation with Pack Away Hunger.
About Allium Engineering
Allium Engineering is a technology startup focused on solving critical challenges with the durability and sustainability of our infrastructure. Allium is working to change the way that steel is manufactured to enable it to resist corrosion through an innovative metal coating process. This technology promises to more than triple the lifetime of key infrastructure like bridges, all while avoiding emissions from two of the world’s largest CO2 sources, steel and concrete production. To learn more about Allium’s technology and vision for a more sustainable world, visit www.alliumeng.com.
About HG Ventures: HG Ventures is the corporate venture arm of The Heritage Group, headquartered in Indianapolis. HG Ventures supports innovation and growth across The Heritage Group by investing and partnering with innovative, high-growth companies to support a sustainable future. The team leverages the world-class expertise of The Heritage Group operating companies and a research center to offer a unique value proposition to its portfolio company partners. Learn more at www.hgventures.com. More about The Heritage Group Accelerator at https://hgaccelerator.com/.
About The Heritage Group:
Founded in 1930, The Heritage Group (THG) is a fourth-generation, family-owned business managing a diverse portfolio of companies specializing in heavy construction and materials, environmental services, and specialty chemicals. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. With more than 6,000 employees and 30 operating companies worldwide, THG aims to build a safer, more enriching and sustainable world by harnessing the power of family.