MIT Kicks Off Clean Energy Competition

Cambridge, Massachusetts [ http://www.RenewableEnergyAccess.com ] Some of the most creative minds in Massachusetts are developing ways to meet the country’s need for reliable, affordable, and environmentally sensitive energy.

"In many ways, the Ignite Clean Energy Competition is the farm team for the Massachusetts clean-energy industry. We’re doing the hard work as the ‘pre-incubator accelerator,’ helping innovators develop and eventually commercialize technologies so that venture capital and private equity capital become viable funding options."

— Linda Plano, Chair of Ignite Clean Energy Competition

The MIT Enterprise Forum of Cambridge is hosting a competition to speed the development and commercialization of clean and renewable energy technology solutions. The second annual Ignite Clean Energy Competition, hosted by the Energy Special Interest Group (ESIG) of the MIT Enterprise Forum of Cambridge, drew nearly 100 entrepreneurs, investors, students, and clean energy proponents to MIT on December 8 to begin sharing ideas and to learn about the competition.

Designed to develop the next generation of clean, renewable, or efficient energy resources, and to spur the entrepreneurial activities that will bring these resources to market, the Ignite Clean Energy Competition, offers a series of networking, team-building, training, and mentoring opportunities that culminate in a business-plan competition. Awards total $125,000.

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