Celebrating The Next Generation of Energy Entrepreneurs
The winning team, “Inviroment
” from Brigham Young University, created a technology that biodegrades all types of plastic found in landfills. Besides the obvious bragging rights, the team took home $100,000 in prizes to help them turn their business plan into reality. Inviroment will also join the other regional champions for the national competition held in Washington, D.C., June 11-12, 2013.
2012 was the first year for the competition, but from the business plans developed last year alone, more than 50 startups have been incorporated, 55 patents and disclosures have been filed, and the private sector has provided more than $4 million in follow-on funding.
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