Enertia, a team of three University of Michigan graduate students with a plan to harness vibrations to power small electronics, won the top prize in the 2009-2010 Clean Energy Prize business plan competition.
The final rounds of competition were held Friday at U-M’s Ross School of Business.
Above, DTE Energy President and COO Gerry Anderson and Energy Institute Director Dennis Assanis stand with Enertia members after awarding them their $50,000 final prize check.
GLITR reported “other finalists included GreenSilane, which developed a method to produce silane gas on-site for customers in a novel manner that is flexible, low-cost and environmentally benign; ReGenerate, which seeks to place small food digesters outside restaurants and cafeterias to produce natural gas from decomposing food; and Advanced Battery Control, which will offer a proprietary smart battery management system, enhancing battery utilization in electric vehicles.”
For a GLITR YouTube video announcing the winners visit here.
The competition, presented by DTE Energy and the University of Michigan, challenges teams to develop business plans that promise to move a new, clean-energy technology from the laboratory to the market place.
The teams with winning ideas share $100,000 in prize money and an additional $60,000 of in-kind services.
For more on the energy prize winners see The Michigan Daily: Four ‘U’ teams win Clean Energy Prize.
Sue Nichols, Michigan Memorial Phoenix Energy Institute, University of Michigan, (734) 615-5678, or firstname.lastname@example.org