MegaWatt Ventures Clean Energy Business Competition Selects Verdicorp Inc. to Compete for $100,000 Grand Prize!
|Ron Conry, CEO Verdicorp Inc. (left) recognized by Dave Cartes, Director of IESES, for partnering with IESES in MegaWatt Ventures Clean Energy Business Competition|
MegaWatt Ventures Clean Energy Business Competition held it's first competition and announced the winners March 24, 2011. MegaWatt Ventures is an annual University of Central Florida competition sponsored by the U.S. Department of Energy where Florida college students and technology entrepreneurs can launch and grow innovative energy technology companies.
Ten teams were just selected to be awarded $10,000 in their inaugural class. The teams will now compete for a $100,000 grand prize to be awarded in September, 2011. In addition to the $10,000 award, the ten finalist teams will each be assigned professional mentors and gain access to business workshops which will help to develop a commercially viable clean energy technology company.
The 2011 MegaWatt Venture's finalists include Verdicorp Inc. in Tallahassee, Florida who partnered with The Florida State University's Institute for Energy Systems, Economics and Sustainability (IESES) to compete for Phase I of the competition. Verdicorp excels in developing next-generation, clean technologies. Built upon a track record of energy efficient designs and industry leading products, the core strategy of Verdicorp is to create tomorrow's technologies today, using accelerated development programs based on advanced engineering and creative thinking.
Verdicorp and IESES are identifying promising engineering and business students to represent the company at the next phase of the competition. The Phase I finalists will compete in the MegaWatt Ventures' showcase event, which will be held at the Florida Solar Energy Center on September 8-9, 2011. Engineering and business students interested in being part of the team, please contact Melanie Simmons at IESES.