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Entries Accepted from All Universities in the Southeastern United StatesCOLLEGE PARK, Md.,
Feb. 13, 2013 /PRNewswire-USNewswire/ -- The
$100K ACC Clean Energy Challenge, a U.S. Department of Energy-supported business innovation competition dedicated to helping students develop and commercialize new clean energy technologies, is accepting entries.
Open to students throughout the
Southeastern United States, the ACC Clean Energy Challenge features a
$100,000 grand prize, with the winner advancing and representing the southeast region in the
DOE National Clean Energy Business Plan Finals in
Washington, D.C., in summer 2013.
The ACC Clean Energy Challenge invites participation by student teams developing commercially promising renewable energies, energy efficiency improvements, and advanced fuels/vehicles. Teams must be comprised of at least 50 percent student members.
Initial entries, consisting of an executive summary and video pitch, are due
March 1, 2013. Selected semi-finalists will be invited to compete in the ACC Clean Energy Challenge Finals Competition, held
April 8-9, 2013, at
North Carolina State University. The ACC Clean Energy Challenge Finals Competition is co-hosted by
North Carolina State University,
Duke University, the
University of North Carolina Chapel Hill and
Wake Forest University.
In last year's inaugural competition at the
University of Maryland, Mesdi Systems Inc., a company founded by students from the
University of Central Florida developing precision electrospray modules to accelerate and improve the production of lithium-ion battery components, won the
$100,000 grand prize. Mesdi Systems emerged as the champion out of a "Final Four" field that included the
University of Maryland,
Virginia Tech, and the
University of Central Florida, after which the company went on to represent the region at the
DOE National Clean Energy Business Plan Finals at the White House in
Washington, D.C. The
University of Maryland team, SafeLiCell, which is developing a noncombustible, flexible, polymer electrolyte material called Lithium Flex that could replace the highly flammable liquid electrolyte and bulky battery packaging found in most lithium-ion batteries, garnered second place.
As part of the Obama Administration's effort to support and empower the next generation of American clean energy entrepreneurs, the
DOE's Office of Energy Efficiency and Renewable Energy awarded
$360,000 to the
University of Maryland for the ACC Clean Energy Challenge and a total of
$2 million to the ACC and five additional regions in the U.S. as part of its nationwide network of student-focused clean energy business plan competitions.
Additional regional winners included the
Massachusetts Institute of Technology in the Northeast Region; the
California Institute of Technology in the Western Region;
Rice University in the Western Southwest Region;
Chicago-based Clean Energy Trust in the Eastern Midwest Region; and the
University of Colorado in the Western Midwest Region.
Interested students can find more information and enter at:
University of Maryland