Presentation Transcript

1. NORTHEAST Enabling Eco-preneurs Everywhere
2. Our Mission The mission of the Cleantech Open is to find, fund, and foster the big ideas that address today’s most urgent energy, environmental, and economic challenges.
3. Global Partners
4. National Sponsor
5. Northeast Lead Sponsor 2010
6. Gold Silver Bronze Northeast Sponsors 2010
7. The Competition Mentoring Free attendance at many public events Opportunities to showcase at events Written feedback from expert judges Academy & other programs Mentoring by industry leaders Feedback from practice pitch Awards Ceremony Semifinalist Showcase CTO Semifinalist Directory Clean Tech networking events Lifelong membership as CTO Alumnus Contestants Receive: Semifinalists Receive:
8. 2011 Competition Calendar Regional Judging:Finalists Announced Ideas Competition Deadline Launch Event Semifinalists Announced Business Clinics Regional Launch Team Building Events JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Academy Northeast Business Plan Deadline & Mock Judging Awards Gala: National &Global Winners Announced West Coast Academy/ Summer SeminarsMentoring Deadline CONTESTANT RECRUITMENT SUMMER PROGRAM SYMPOSIA TEAM BUILDING & BRIEFINGS
9. Six Cleantech Categories Renewable Energy Energy Efficiency Green Building Air, Water and Waste Transportation Smart Power, Green Grid, and Energy Storage
10. 2011 Regional & National Prizes National Prize $250,000 in cash & services for one Grand Prize winner Nationwide press and recognition Regional Winners (3 in the Northeast) $60,000+ in cash and services for 3 finalists Over $50,000 in cash and services for Grand Northeast Finalist Participation in the National Competition and Awards Ceremony ULaunch Prize (1 winner in the Northeast) $20K cash and funded services provided by Fraunhofer TechBridge, NECEF, and the ACTION Incubator Network and MassCEC; Funded through the DOE Innovation Ecosystem Development Initiative
11. Alumni Success: Husk Power Systems 2008 ICE Student Team Winner owns and operates 35-100 kW “mini power-plants” that use discarded rice husks to deliver electricity to off-grid villages in the Indian “Rice Belt" Receives 2nd expansion grant from Shell Corporation Wins Draper Fisher Jervetson/Cisco global Business Plan Competition
12. Alumni Success: 2010 Northeast Finalist 2nd place, National Cleantech Open OnChip Power is working to commercialize a patented, next-generation VHF power supply architecture that aims to be smaller and more reliable, for half the cost of standard power supplies. February, 2011 - $1.8M first round funding from Venrock and PAETEC Holding Corp.
13. Team Members Peter Vandermeulen (Leader) - peterv@7solartech.comDaniel Mazor - damazor1@gmail.com Eric Graham - egraham@fraunhofer.orgThomas Ringler - thomasr@7solartech.com 7Solar is developing a novel Air Conditioning technology that dehumidifies the air using a liquid desiccant (licensed from National Renewable Energy Laboratory). The desiccant requires regeneration which can be provided by low grade waste heat, for example with heat from industrial processes or from the rear of solar modules. The liquid desiccant alone can reduce heating and cooling costs by over 50% when powered by natural gas. We can utilize much lower temperatures for regeneration and we can retrofit directly onto existing HVAC curbs. We do so at a cost that is comparable to an existing HVAC unit. Our rapid payback period (under 2 years) allows ESCO’s to use our system in energy retrofits. We save potentially more than half of the energy that is used for the heating and cooling of buildings which compares to removing the equivalent of 350,000 cars from the road in our first 10 years of operations. Alumni Success: 7AC Technologies 2010 Northeast Finalist 7AC Technologies aims to drastically reduce the huge amount of energy used to heat and cool buildings by employing a unique Liquid Desiccant Chiller implementation for air conditioning that can optionally harness the electrical and thermal energy from sunlight to deliver the worlds first true Net-Zero climate control solution.
14. Alumni Success: V Squared Wind 2010 Northeast Finalist Our power technology uses a novel patented Wind Acceleration Module to passively accelerate the wind, significantly increasing its available power and creating the opportunity to dramatically lower the Levelized Cost of Energy (LCOE) of wind power. V2's technology has a streamlined low drag shape that enables this acceleration and power increase. The system is also modular (background image) with individual modules grouped into arrays of any desired size from 100KW to 7MW with minimal impact on the cost of energy produced across the range.
15. Contestant Experience , “During this year, ICE has given us many opportunities to improve our understanding of our own business, to go outside our comfort zone, and to make mistakes and learn from them, and we are very grateful for that.” —Olivier Ceberio, Resolute Marine Energy, 2009 ICE Finalist 2009 ICE Finalist “During this year, ICE has given us many opportunities to improve our understanding of our own business, to go outside our comfort zone, and to make mistakes and learn from them, and we are very grateful for that.” - Olivier Ceberio, Resolute Marine Energy Awarded: 2008 NOAA Phase 1 Grant 2009 DOE Phase I SBIR Grant 2010 DOE Phase II SBIR Grant 2010 DOE Phase II FOA Grant 2010 Winner – The StartUp Open
16. Alumni Success: IntAct Labs 2009 ICE Winner IntAct Labs has developed a proprietary microbial fuel cell that can treat wastewater with zero energy input, promising substantially lower treatment costs and energy savings versus traditional technologies. Beginning a $140K NSF SBIR project and completed a 5-liter prototype under Phase I USDA SBIR
17. Contestant Experience “The ICE Competition was an excellent opportunity to hone our existing business plan and pitch. [We] received key feedback and support from industry experts, investors, service providers and our dedicated mentors. I highly recommend participation!” —ARRIBA Solar,ICE Finalist 2009
18. How Can I Participate? Enter Mentor Support