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AC-NET LAUNCHES 2010 CLEAN TECH BUSINESS PLAN COMPETITION $25,000 Grand Prize Competition Targets Clean Energy and Water Technology Innovators

ANAHEIM, CA (February 18, 2010) - The Anaheim Center for New Energy Technologies (AC-NET), a joint venture between Anaheim Public Utilities, the City of Anaheim and Cal State Fullerton, announces the launch of its 2010 Clean Tech Business Plan Competition.

The Competition seeks business plans from early stage companies that offer the most promising clean technology solutions to southern California’s energy and water challenges. The company that submits the best business plan, as judged by a panel of industry experts and prominent venture capitalists, will win a $25,000 grand prize. A $10,000 prize for second place and $5,000 prize for third place is also available. The deadline to enter the Competition is April 5, 2010.


AC-NET is also proud to announce an exciting new partnership with the Clean Technology and Sustainable Industries Organization (CTSI). Through this partnership, AC-NET will hold the Competition during CTSI’s Tech Connect World Conference and Expo to be held at the Anaheim Convention Center from June 21-25, 2010.


With the Competition taking place amidst North America’s largest clean technology conference, entrants and sponsors will have a valuable opportunity to promote their message and demonstrate the value of their products before an influential audience of venture capitalists, Fortune 500 companies, academic and research institutions, and government agencies. 


The Competition date, where final judging and the awarding of the cash prizes take place, is June 23, 2010. 


Mayor Curt Pringle officially announced the start of the Competition during his final State of the City speech on January 26, 2010. The Competition, which is entering its second year, builds upon the Mayor’s 2008 State of the City vision for Anaheim as an emerging clean technology business incubator where new ideas can be put to the test and perfected to meet a growing market for such products.


“During AC-NET’s first Competition in 2009, we discovered a business called Hadronex that applied wireless technology to create an innovative real-time monitoring system designed to prevent spills, illegal dumping, and vandalism in sewer systems,” said Mayor Pringle. “I look forward to finding the next up-and-coming company that fulfills AC-NET’s goal for Anaheim to be a focal point for clean technology development.”


To learn more about AC-NET and the 2010 Clean Tech Business Plan Competition please visit www.acnet-anaheim.net or call toll free at 877-79-ACNET.


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ABOUT AC-NET - The Anaheim Center for New Energy Technologies (AC-NET) was introduced by Anaheim Mayor Curt Pringle and established in early 2008 through a partnership between the City of Anaheim and Cal State Fullerton. The Center is focused on revitalizing the local and regional economy through supporting the efforts of entrepreneurs, start-ups, and ventures in bringing clean energy and water technologies to market. AC-NET aims to be the premier center in Southern California for research, testing, and education in clean energy and water technology.


ABOUT CALIFORNIA STATE UNIVERSITY, FULLERTON - A comprehensive, regional university with a global outlook, Cal State Fullerton enrolls almost 37,000 students and offers 105 degree programs in eight colleges. Accredited by the Western Association of Schools and Colleges, Cal State Fullerton is sixth in the nation for the number of bachelor’s degrees awarded to minority students and first in California for the number of bachelor’s degrees awarded to Hispanics.

 

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ABOUT ANAHEIM PUBLIC UTILITIES For more than 100 years, Anaheim Public Utilities has served Anaheim water and electric customers with low rates and reliable service. Anaheim Public Utilities is Orange County's only publicly owned water and electric utility.

ABOUT ANAHEIM The City of Anaheim, founded in 1857, is one of the nation's premier municipalities and is California's 10th most populous city. Anaheim covers 50 square miles with more than 345,500 residents and more than 2,100 City employees. The municipal corporation's annual budget is $1.3 billion. Anaheim supports a thriving business community with companies such as CKE Restaurants, Inc., L-3 Communications, Pacific Sunwear, and Disneyland Resort. Successful sports franchises call Anaheim home, including Angels Baseball, Anaheim Ducks, Anaheim Arsenal, and the 2008 Olympic Gold Medal winning USA Men's Volleyball team. Anaheim also boasts world-class meeting and entertainment venues with the Anaheim Convention Center, the largest on the west coast, Honda Center, The Grove of Anaheim, Anaheim GardenWalk, and Angel Stadium of Anaheim. Annually, Anaheim welcomes millions of visitors to the city, truly making it where the world comes to live, work and play. For more information, please visit www.anaheim.net.