Welcome!

News Feed Item

Clean Energy Challenge Awards $100,000 Grand Prizes to Cleantech Startups from Michigan State University and Champaign, Illinois

The Clean Energy Trust announced the winners of the 2014 Clean Energy Challenge, which awarded a total of $500,000 to innovative clean energy startups. Champaign, Ill.-based EP Purification is the winner of the $100,000 Wells Fargo Early Stage Prize and Black Pine Engineering, a student-led company from Michigan State University, is the winner of the $100,000 Dept. of Energy Student Challenge Prize.

Other award included:

  • The $75,000 Clean Energy Trust Consumer Favorite Prize was awarded to myPower, a student team from Northwestern University.
  • Spero Energy of Purdue University won the $50,000 Aviation Energy Prize, presented by United Airlines, Boeing and Honeywell UOP. United Airlines will fly Spero Energy to Charleston, S.C., where they will visit the LEED Gold-certified Boeing 787 final assembly building.
  • The $50,000 ComEd / CET Female Entrepreneur Prize was presented to Go Electric Inc. of Anderson, Ind.
  • The $50,000 Clean Energy Trust Business Model Innovation Prize was awarded to Detroit-based Greenlancer.
  • The $25,000 McCaffery Interests prize was awarded to MeterGenius, a student team from Northwestern University.

Black Pine Engineering, the Student Challenge winner, will go on to compete for an additional $100,000 at the 2014 National Clean Energy Business Plan Competition in Washington, D.C. this summer. The Department of Energy provided the $100,000 Student Challenge prize.

The Clean Energy Challenge is one of the nation’s most important clean energy business events. Finalists from the past three Challenge events have raised more than $40 million in outside investment, created 280 jobs and registered 40 patents and disclosures.

The full roster of winners is:

Wells Fargo Early Stage Prize   $100,000     EP Purification   IL
Dept. of Energy Student Prize   $100,000     Black Pine Engineering - Michigan State University   MI
Clean Energy Trust Consumer Favorite Prize   $75,000     myPower – Northwestern University   IL
Boeing, United Airlines and UOP Honeywell Aviation Energy Prize   $50,000     Spero Energy – Purdue University   IN
ComEd / CET Female Entrepreneur Prize   $50,000     Go Electric Inc.   IN
Clean Energy Trust Business Model Innovation Prize   $50,000     Greenlancer   MI
McCaffery Prize   $25,000     MeterGenius – Northwestern University   IL
       

This year’s competition included businesses from Illinois, Indiana, Michigan, Missouri, Minnesota, Ohio and Wisconsin. State-level prizes of $10,000 each were also awarded to the following student teams:

Black Pine Engineering

 

Michigan State University

 

Geothermal

Imagine Labs

  University of Missouri   Thermoelectric Generation

Meter Genius

  Northwestern University   Energy Efficiency

Spero Energy

  Purdue University   Biofuels

Sprav Water

  Case Western University   Energy Efficiency
   

“The Challenge finds the very best in clean energy technology businesses and helps bring them to the marketplace,” Francetic added. “These prizes will help these entrepreneurs to move their technologies out of the laboratory and into the marketplace, helping the nation to continue to grow its burgeoning clean energy economy.”

Nine early-stage and six student finalist companies presented their business plans to a distinguished panel of nationally renowned investors, policy makers and entrepreneurs at the 2014 Clean Energy Challenge, held April 3rd in Chicago.

All of the Challenge finalists received coaching, training and business planning assistance from dozens of volunteer mentors coordinated by the Clean Energy Trust, a nonprofit technology accelerator that helps launch and grow clean energy businesses. The Clean Energy Challenge is the signature event of the Clean Energy Trust.

About Clean Energy Trust

Clean Energy Trust was founded by prominent business and civic leaders to fuel clean energy innovation in the Midwest. The trust is supported by grants from the U.S. Department of Energy, the Small Business Administration and donations from more than 70 investors, corporations, universities, foundations and trade groups. For more information, visit www.cleanenergytrust.org.

Acknowledgement of Support

Clean Energy Trust gratefully acknowledges the following supporters of the Clean Energy Challenge:

Title Sponsors: U.S. Department of Energy and Wells Fargo

Platinum sponsors and prize contributors: Advanced Energy Economy; AGL Resources; The Boeing Company; ComEd; The Energy Foundation; GE; Honeywell UOP; Invenergy; The Joyce Foundation; McCaffery Interests; Northwestern University; Purdue University; Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates; United Airlines.

Gold Sponsors: Abbott Laboratories; Agentis; American Electric Power; CBRE; Danfoss; EDP; Ernst & Young; Exelon; Indiana University; JP Morgan Chase; Katten Muchin Rosenman LLP; MEGTEK; Midwest Energy Research Consortium; Missouri Energy Initiative; Navigant Consulting; Nicor; Nortech; NRG; Pivotal LNG; S&C Electric; Skidmore, Owings & Merrill LLP; Solar Power International; SoCore Energy; True North Venture Partners; University Clean Energy Alliance of Ohio; University of Illinois at Chicago; University of Michigan; Wanxiang America Inc.

Visit our website to see the full list of Silver, Bronze, and In-Kind sponsors: http://www.cleanenergytrust.org/challenge/sponsors/

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.