News & Press Releases
Trash's Treasure: Organic Waste Reusable As Fuel
Wind, solar and even hydrogen may be viewed as the major alternative energy sources of the future, but a number of growing companies and upstart entrepreneurs are working with technologies that make those options look mainstream by using one of the most renewable products available -- trash.
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Graduate Student Entrepreneurs Take Home Green Business Prize
Comic book fans looking for a good-hearted Green Goblin may want to consider the humble, the tiny, but the very powerful microbe. While lacking the menacing laugh and standard suite of pyrotechnic gadgets, these ubiquitous life forms (1 gram of soil holds more of them than there are human beings) are set to play the hero in an ecological and technological adventure.
Already exploited for their ability to eat away at oil spills, the clever bacteria have garnered a team of Harvard entrepreneurs first place in the $125,000 "Ignite Clean Energy" business plan competition for its proposal to use microbes to clean out the gunk that forms inside water pipes that conduct heat, and in the process, dramatically increase energy efficiency.
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Competition 'Ignites' Clean Energy Startups
Energy entrepreneurs in solar power, hydro power and waste processing convinced a panel of industry leaders and venture capitalist judges that their businesses can make clean energy competitive with conventional energy -- earning prizes in the 2006 Ignite Clean Energy Business Presentation Competition on Tuesday, May 9.
Started in 2005 by the Energy Special Interest Group of the MIT Enterprise Forum, the Ignite competition provides training, mentoring and coaching, plus $125,000 in prizes and services to clean-energy entrepreneurs, with the goal of building a thriving clean-energy industry in Massachusetts.
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GreenFuel President & CEO To Kick-Off Clean Business Competition
GreenFuel Technologies Corporation, a privately held company providing emissions-to-biofuels conversion services to power plants and industrial facilities, announced today its President and CEO Cary Bullock will deliver a feature presentation at the Ignite Clean Energy Competition Kick-off.
Mr. Bullock will share with Ignite Kick-off attendees some relevant highlights from his experience as both an investor and as CEO of both high tech and energy-focused start-up companies. He will also offer practical advice for entrepreneurs seeking funding for new ventures, and illustrate the value of preparing a solid pitch before talking with potential investors.
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