SiNode Systems Wins the Second Annual DOE National Clean Energy Business Plan Competition

clock June 14, 2013 09:18
The Department of Energy is proud to announce that SiNode Systems from Northwestern University has won the second annual DOE National Clean Energy Business Plan Competition. The competition aims to inspire university teams across the country and promote entrepreneurship in clean energy technologies that will boost American competitiveness, bringing cutting-edge clean energy solutions to the market and strengthening our economic prosperity. SiNode Systems has developed an advanced anode technology that has the potential to dramatically increase the performance of batteries, impacting everything from the cell phones and portable electronics our society relies on, to expanding the capabilities of electric vehicles. SiNode’s lithium battery anode technology addresses the two aspects of battery improvement, energy capacity and power density.  SiNode Systems’ Si-graphene composite anode provides up to a ten-fold increase in energy capacity compared to the conventional graphite anode, and can increase energy capacity of a complete battery assembly by 50 percent to 100 percent. Their technology will impact the SiNode’s strong business plan and technology, stellar team, and their commitment to their team. SiNode is also a testament to the spirit of entrepreneurship. The team participated in two business plan competitions last year, and when they did not place in the finals, they re-committed themselves to their work, secured a DOE Small Business Innovation Research (SBIR) Phase I grant to advance their technology, and this year they swept the Rice Business Plan Competition, winning more than $800,000 in prizes, advanced to the National Competition and were crowned the national winner.  As the winning team, SiNode Systems was awarded more than $100,000 in cash and services. These prizes include seed money for their business plan and additional prizes from sponsors including technical, marketing, and legal assistance.  The six regional finalists of the National Clean Energy Business Plan Competition were invited to present their business ideas to a prestigious group of judges from industry and academia and in front of a live and live-streamed audience.  Each team created a business plan around a promising clean energy technology. The teams brought forth plans that detailed how they could bring that technology to market, including financing, product design, scaling up production, and marketing. The six finalists included teams from Northwestern University, Brigham Young University, University of Arkansas, Purdue University, University of California - Berkeley, and North Carolina A&T University.  Funded through DOE’s Office of Energy Efficiency and Renewable Energy, the university-led competition supports the next generation of energy leaders who will boost American competitiveness. Participants in last year’s competition have gone on to raise almost $7 million in follow-on funding, launched 52 started and have created more than 42 full-time jobs. 

Bioadhesive Alliance Inc. Wins the ACC Clean Energy Challenge

clock April 12, 2013 16:11
Bioadhesive Alliance Inc., a company that has developed a bio-based adhesive that can be a substitute for petroleum-based asphalt binder, reducing the cost and carbon impact and increasing the durability of asphalt, has taken top prize at the ACC Clean Energy Challenge. The company will represent the Southeastern region at the National Competition in June. [More]

Bearing Analytics Takes Top Student Prize at the Clean Energy Trust Clean Energy Challenge

clock April 12, 2013 12:51
Bearing Analytics, of Purdue University, is the first team to advance to the National Clean Energy Business Plan Competition. The company won the top student prize at the Clean Energy Trust Clean Energy Challenge in Chicago on April 4th. Bearing Analytics offers a patent-protected temperature and vibration sensing solution to the industrial bearing market. This technology allows users to predict bearing failure before it happens, helping to alleviate safety concerns, prevent costly gearbox failures in wind turbines, extend product lifetimes and increase energy efficiency. [More]

Attend the University of Michigan Clean Energy Venture Challenge Event!

clock February 5, 2013 12:53
Do you want an opportunity to see some of the best ideas for innovative clean energy technology in Michigan? Well, you have your opportunity. Next Thursday and Friday, February 14-15th, the University of Michigan Clean Energy Venture Challenge, a sub region of the DOE National Clean Energy Business Plan Competition, will be holding their semi-finals and finals judging on the Ann Arbor campus. The public is invited to attend the Lunch Reception and the Award Ceremony at Ross School of Business on the 15th. [More]

Apply by March 4th for the CU Cleantech New Venture Challenge!

clock January 31, 2013 16:04
Do you have a great idea for a technology that will change the face of the cleantech sector? Well you have an opportunity to pitch that idea at the University of Colorado Boulder's (CU) Cleantech New Venture Challenge. The CU Cleantech New Venture Challenge Business Plan Competition gives students an entrepreneurial experience that can not only change lives, but also maybe even change the world. Apply by March 4th to compete! [More]