SOURCE: Cleantech Open

Cleantech Open

June 15, 2010 14:47 ET

Cleantech Open Announces Rocky Mountain Region Semifinalists

Clean and Green Entrepreneurs Compete in a Regional Competition and Then Move On to Compete for More Than $1 Million in Prizes and the Prestigious National Cleantech Title

DENVER, CO--(Marketwire - June 15, 2010) -  The Rocky Mountain region of the Cleantech Open (www.cleantechopen.com) business competition today announced that 15 semifinalist teams have been selected to represent the region in the world's biggest cleantech business competition. The semifinalists were selected from a talented pool of more than 50 cleantech entrepreneurs from across the region.

Ata a ceremony at the Wellington Webb Municipal Building in Denver, Andre Pettigrew, Executive Director of The Denver Office of Economic Development, announced the semifinalist winners from the 6-state region, including Arizona, Colorado, Montana, New Mexico, Utah and Wyoming. Semifinalists included a team from Texas and a New Jersey-based team that plans to relocate to Colorado because of the state's promising business climate for cleantech businesses.

"Cleantech is a core focus of our economic development efforts in the 21st century, and Denver and the Rocky Mountain region are blessed with an abundance of entrepreneurs who are developing new and better technologies that make us a national cleantech leader," said Pettigrew. "I salute the semifinalist winners today for their vision and commitment to building long-term economic growth and the success of a sustainable economy."

"The Rocky Mountain region is a leader in turning good ideas into green collar jobs and sustainable businesses," said Richard Franklin, co-chair of the Cleantech Open, Rocky Mountain chapter, based in Denver. "We are thrilled with the exciting ideas and opportunities our semifinalists are bringing to this year's competition."

All told, the 2010 Cleantech Open competition offers more than $1 million in total prizes, and with its "100K Jobs Challenge" aims to create 100,000 green-collar jobs in America by the end of 2015.

The semifinalists for the 2010 Cleantech Open Rocky Mountain Region Competition are:

BioVantage, Golden, CO: BioVantage has developed a scalable algae production system for wastewater treatment.

CleanEngines, Fort Collins, CO: CleanEngines has a proven, Direct Injection (DI) two-stroke engine retrofit kit. CleanEngines is a true private sector "social business" delivering people, planet, and profit returns.

DenDroCo, Helena, MT: DenDroCo has produced a unique product that is designed to control the pine bark beetle infestation that has impacted pine forests across the west. 

DIAL Emissions Monitoring, North Logan, UT: DIAL has developed a remote sensor technology to monitor emissions and detect leakage from oil and gas wells

eQsolaris, Los Alamos, NM: eQsolaris brings three separate new technologies to photovoltaics; small spherical silicon photodiodes, micro-concentrators, and flexible network circuits to form low cost manufactured photovoltaic panels below 20 cents/Watt. 

Go Natural CNG, Woods Cross, UT: Go Natural CNG provides certified Compressed Natural Gas (CNG) engines in accordance with the Environmental Protection Agency (EPA) and Air Resource Board (ARB) of California and compressors for fuel stations. They have developed patented new technologies for natural gas engines and fuel station compressors.

Greenwall, Rio Rancho, NM: Greenwall provides a green alternative to the traditional concrete wall and is part of the $40 billion green building materials market. The product is a concrete type product made with lava aggregate, filler, and cement to form a block.

H.O.T. Water Company, Salt Lake City, UT: H.O.T Water has developed a new HOT (heightened ozonation treatment) technique coupled with sand filtration to quickly remove oil from the contaminated water generated from oil and gas exploration and pumping.

Infinirel Early Warning Systems, Frisco, Texas: Infinirel Early Warning Systems assure renewable energy service providers of maximum equipment uptime at the lowest service cost through predictive data analysis and maintenance scheduling support.

INOTEC, Salt Lake City, UT: INOTEC's revolutionary Electrobiochemical Reactor (EBR) distributes electrons to microbes in a manner that provides them with energy to more efficiently transform and remove contaminants found in waste and drinking waters.

NDCPower, Cheyenne, WY: NDCPower has developed a new fuel cell technology using coal to generate for commercial electric power generation without greenhouse gases.

PCM Innovations, Longmont, CO: PCM Innovations developed esBits™, a novel formulation for encapsulated phase change material (PCM) which is both fire proof and easily incorporated into most existing building products. PCMs are a lightweight thermal mass material which, when installed in a building, can decrease energy consumption over 25% by reducing peak loads of the energy.

pureSilicon, Clifton, NJ: pureSilicon™ addresses growing electrical use by computer servers. The company has developed its Nitro™ solid-state drives (SSD), a game-changing new storage technology, that could reduce server energy consumption by up to 75%. 

Verdant Earth Technologies, Tucson, AZ: Verdant Earth Technologies is commercializing Controlled Environment Agriculture technologies for the greenhouse industry. Our technologies allow plants to be grown without sunlight or soil anywhere electricity and water are available.

VolumeWind™, North Logan, Utah: VolumeWind™ is a 3D wind profiling technology utilizing the industry's first 3D volumetric technology for real-time wind turbine control and wind farm siting.

"This year's entries are more numerous and more innovative than ever," said Rex Northen, executive director of the Cleantech Open. "Semifinalists will receive help with everything from grant-writing to public relations -- and the winners will walk away with a valuable 'Startup in a Box' of cash and services. We're delighted to be promoting the success of such talented entrepreneurs."

The semifinalist teams will benefit from a blend of mentoring, business-school-class training, and an opportunity to win $30,000 in funding and in-kind donations on a regional level, as well as compete for a national grand prize -- a "startup in a box" consisting of cash and services valued up to $250,000. Three teams will advance to the national competition where teams from across the U.S. will compete for a grand prize of $250,000 in cash and services. Over the next few months, each team will receive expert coaching from the Cleantech Open's network of talented mentors, one-on-one consulting with specialists, an intensive business boot camp at the Cleantech Academy, plus numerous supporting events, training and materials. Finally, they will develop a business plan and investor pitch, which they will present to professional investors and experts. The National Awards -- the "Academy Awards of Cleantech" -- takes place November 17, 2010.

About the Cleantech Open
The Cleantech Open
is the world's largest cleantech business competition. Its mission is to find, fund and foster entrepreneurs with big ideas that address today's most urgent energy, environmental and economic challenges. The program provides the infrastructure, expertise and strategic relationships to turn clever ideas into successful global cleantech companies. Since 2006, through its one-of-a-kind annual business competition and mentorship program, the Cleantech Open has enabled hundreds of clean technology startups to bring their breakthrough ideas to fruition, helped alumni contestants raise over $260M, and created an estimated 1,200 green collar jobs. Fueled by a network of more than 600 volunteers and sponsors, the Cleantech Open unites the public and private sectors in a shared vision for making America's cleantech sector a thriving economic engine. For more information, visit www.cleantechopen.com, and follow @cleantechopen on Twitter.

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