PaceControls’ President, Tom Mills, has been selected as one of 10 cleantech company heads to participate in a 9-month-long mentoring and networking program, kicking off in January 2010.  The program is funded by Citibank’s Citi Foundation and by SJF Advisory Services, part of SJF Ventures, a leading cleantech venture capital firm.

Meetings will be every 4-6 weeks in New York City and will cover a full range of critical planning elements common to clean technology companies, including marketing, recruiting, product development, legal and financing issues, and international expansion.  Activities will include invited speaker presentations, roundtable and one-on-one sessions, pairing with industry executives for detailed planning, and informal networking events.

About PaceControls
PaceControls, an ENERGY STAR Partner, develops and manufactures eco-smart, easy-to-install, energy-saving HVACR solutions.  Designed for a wide variety of commercial, industrial and residential heating, cooling and refrigeration equipment, PaceControls technology is a highly flexible retrofit solution.  The patented technology establishes optimal run times for compressors and burner units, “pacing” the equipment’s consumption of electricity, natural gas, fuel oil or propane saving 10 to 20 percent or more on energy bills.  A typical payback for a project ranges from just one to three years.  The technology — designed and refined with significant input from the HVACR maintenance industry and equipment manufacturers — complies with all accepted industry standards for control equipment.  PaceControls products have proven successful in thousands of installations, including hundreds installed by electric utilities under demand side management programs.