Bioenergy, Geothermal, Hydropower, Solar, Wind Power

Clean Energy Finalists to Square off at MIT

[RenewableEnergyAccess.com] On April 27th, entrepreneurs will compete at the Massachusetts Institute of Technology (MIT) in the final round of a business plan presentation contest designed to encourage innovative solutions and investment in Massachusetts’ clean energy industry. The competition, initiated by The MIT Enterprise Forum’s Energy Group, is the first in Massachusetts to specifically target the emerging clean energy sector. The goal of the competition is to spur the economic development of a growing, viable clean energy business cluster in the Commonwealth. The final round of the contest will take place on April 27th at MIT’s Stata Center and is open to the public. It will feature ten-minute presentations from eleven finalists, chosen from an initial group of nearly 40 companies. A panel of judges from the investment community will select winners, who will receive a total of $125,000 worth of prizes. First prize includes $15,000 in cash, a one-year membership in the UMass Lowell’s Commercial Venture Development incubator, free office space, and expert mentoring to jumpstart the winning team’s business. The finalists, listed at the link below, include both student teams and established entrepreneurs. They offer innovative solutions to meet the increasing demand for efficient, renewable, non-polluting energy.