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Article updated as of 10:00 a.m., June 21, 2010.
The Cleantech Open has named 16 semifinalists in its northeast regional business competition.
The teams will now compete for prize packages worth up to $30,000 in cash and in-kind services, such as legal advice, office space or marketing.
Winners from the northeast region will advance to compete at the national competition for a grand prize of $250,000 in cash and services.
The Cleantech Open takes the place of the MIT Enterprise Forum’s Ignite Clean Energy Competition. The two competitions agreed in February to combine their resources under the Cleantech Open name.
The northeast semifinalists, as listed on the competition’s website, are:
* 7Solar - Energy independence
* Clean Energy Innovations - Technology that improves batteries
* Culture Fuels - Low-cost algae fuel
* Element 14 - Polysilicon technology
* Green Mountain Spark - Biofuel chemical research and development
* Heavy Lift Systems - Technology to raise wind power systems
* HydroGEN Technologies - Efficiently creating high purity hydrogen from waste
* New Power Labs - Professionally installed branch circuit power metering devices
* O Sole Mio - Indoor tomato growing system that uses LED lights
* OnChip Power - Bringing integration to power electronics
* PepperDash Energy Solutions - Energy management driven by occupancy
* PowerHydrant - Autonomous infrastructure for EVs/PHEVs
* Quixote Wind Associates - A quieter and safer wind turbine
* Solar Machines - Innovative power from the sun
* V Squared Wind - Wind technology
* Zero Carbon Inc. - Carbon capture and conversion
The national awards take place Nov. 17. In coming months, semifinalists will receive coaching from the competition’s network of business mentors; one-on-one consulting with specialists; an intensive business “boot camp”; and local supporting events, training and materials, according to the Cleantech Open.
The 2010 Cleantech Open competition plans to offer more than $1 million in total prizes and aims to create 100,000 green-collar jobs in America by the end of 2015.
The winner of the 2009 Ignite Clean Energy prize was IntAct Labs LLC of Cambridge. The company is seeking to develop efficient microbial fuel cells and other biological energy technologies, according to the firm’s website.
This article was updated to include more detailed information on each of the semifinalists.
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