|City Administration > Public Information Office|
|AC-NET Awards $25,000 to Clean Tech Startup Ener-G-Rotors in Second Annual Competition|
ANAHEIM, CA - (June 25, 2010) - The Anaheim Center for New Energy Technologies (AC-NET) held its second Clean Tech Business Plan Competition during the TechConnectWorld 2010 Conference at the Anaheim Convention Center. The conference is billed as North America’s largest clean technology conference. Five teams presented their business plans in front of a large audience and to a panel of distinguished judges from the electric, water, and venture capital industries.
After a full afternoon of hearing presentations driven by entrepreneurial spirit and future economic growth, Ener-G-Rotors from Schenectady, N.Y. took first place and the $25,000 grand prize.
“We are grateful to the City of Anaheim and AC-NET for giving us this honor and providing a great opportunity for us to connect with West Coast investors, customers, and Anaheim Public Utilities,” said Michael Newell, CEO of Ener-G-Rotors, a maker of electric generators that produces power from low temperature waste heat.
City of Anaheim Mayor Curt Pringle, who applauded all the participants and announced the first, second, and third place winners of the AC-NET competition, recalled his family’s entrepreneurial roots, the need to support future economic growth even in the toughest of times, and emphasized his vision for a thriving clean-tech community.
With an eye toward doing more for clean-tech entrepreneurs, Mayor Pringle said, “In the future, I look forward to AC-NET offering a wider range of services to help entrepreneurs at all stages of development – from the garage startup to those attracting venture capital – to help them succeed in the market.”
Flex Energy, a local company based in Irvine, Calif., took second place and received the $10,000 prize for its generator that produces electricity from previously unusable gasses from sources like landfills or industrial sites.
Taking third place and the $5,000 prize was Prism Solar Technologies from Highland, N.Y. The company’s proprietary holographic film for solar modules lowers the cost of solar, while increasing its power output.
Also participating in the finals were EcoCover from Irvine, a maker of organic mulch from recycled office paper that replaces plastic in agricultural, landscaping, forestry, and nursery applications, and PaceControls from York, Pa., a manufacturer of energy-saving retrofit controls for use in HVAC and refrigeration (HVACR) applications.
Competition judges for the event included: Lynn Foster, BPT Pharmaceuticals; Andrew Heckler, Brightfield Energy; Neil Hughes, National Grid; Antony Jones, Ph.D., Environ International; and Brian Kremer, Roth Capital Partners.
For more information on the Clean Tech Business Plan Competition and AC-NET, please visit www.ACNET-Anaheim.net.
Media Contact: Margie Otto, (714) 765-4497 office, (714) 240-6094 cell
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