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Cleantech Open Announces Rocky Mountain Region Competition Winners

Top cleantech entrepreneurial companies from Rocky Mountain Region win a “Startup in a Box” prize worth $20,000, and the chance to compete for the National Grand Prize in November.

DENVER, October 6, 2011: The Cleantech Open (www.cleantechopen.org), the world’s largest cleantech accelerator, has announced the three Regional Finalists that will represent the Rocky Mountain Region region at the national competition in November. These innovative entrepreneurs—ARBSource, GeoTree Technologies and US e-Chromic—were selected from an elite group of 34 cleantech startups that competed in the Rocky Mountain Region competition.

In addition to the Regional Finalists, Dragonfly won the Regional Sustainability Award, an honor given to the team that most effectively incorporated a triple-bottom-line approach to scaling its business.

Each Regional Final team has won a “Startup in a Box” prize package that includes combined cash and in-kind services worth up to $20,000. Finalists from all six regions (California, North-Central, Northeast, Pacific Northwest, Rocky Mountain and South-Central) will convene for a final showdown in November at the Cleantech Open 2011 Global Forum in San Jose, California.

“It’s not about winning! All of our teams have advanced their business models over the past four months,” said Richard Franklin, Cleantech Open Rocky Mountain Region Director. “They have changed names, shifted addressable markets, solidified IP protection, acknowledged personnel changes and made a pivot or two during the process. We are proud of each and every one of them that have come through this process.”

“Making it through to the finals is a huge step for these teams, who are already winners among the many teams that entered the Rocky Mountain competition,” said Rex Northen, executive director of the Cleantech Open. “These innovative entrepreneurs have already received extensive business mentoring, training, and opportunities to showcase their solutions to the public and investment community. Competing at the 2011 Global Forum in November will allow them to take their story to a national audience.”

These Rocky Mountain finalists will convene next month with teams from the five other regions at the Global Cleantech Forum, the annual showcase of the best in global cleantech.

The Rocky Mountain 2011 competition finalists are:

  • Arbsource: Phoenix- based ARBSource is on a mission to transform wastewater treatment from a costly liability into a valuable resource. Breweries, confectioners, and many other food and beverage processors are burdened with large electricity expenses to manage their wastewater, often totaling six figures per year. For half the cost, we can offer these companies identical treatment speed and quality with our patent-pending and licensed ARBCell biotechnology.
  • GeoTree Technologies: Lafayette, Colo.-based GeoTree manufactures high performance materials for rehabilitation of infrastructure such as pipes and roads. Using biomimicry, nanotechnology and systems design, the firm has created "green" specialized geopolymer-based solutions. http://www.geotreetechnologies.com
  • US e-Chromic: Boulder-based US e-Chromic LLC uses an electric field to change the tint of a window, allowing users to control the transparency based on the time of day, temperature, or exposure to sunlight.  Today, the current supply of electrochromic windows turn darker in color when activated, consequently absorbing heat. In contrast, the technology being developed by US e-Chromic LLC reflects sunlight, keeping buildings cooler. They can be retrofitted to existing windows, potentially reducing cooling costs by 25 - 30 percent for commercial buildings during air conditioning months. http://www.use-chromic.com

The regional sustainability winner, Dragonfly, is a Utah custom manufacturer of patent-pending systems that improve the efficiency of electrical systems in homes and businesses.

Regional semifinalists “bubble up” to compete for the national cleantech title

In June 2011, 120 semifinalists were selected from a pool of more than talented 285 cleantech entrepreneurs from across the country that submitted entries in the six regional competitions run by the Cleantech Open. From these teams, one team will be selected to advance and represent each region, competing at the national level for a grand prize of up to $250,000 in cash and in-kind services, and an overall prize chest of nearly $1 million. National judging of regional finalists will take place November 15th &16th , 2011 at the Global Cleantech Forum in San Jose, California, with national winners to be announced at the Gala event.

CLEANTECH OPEN SPONSORS

The Cleantech Open is made possible by the generous support provided by our Global Partner, Chevron; National Education Partner, University of Phoenix; and National Sponsors, Autodesk and Wells Fargo. Regional competitions are additionally sponsored by the following corporate partners: Wilson Sonsini Goodrich and Rosati (multi-region), Deloitte (multi-region), Jones Lang Lasalle (multi-region), The Dow Chemical Company (multi-region), PricewaterhouseCoopers (multi-region), CTSI, CalCEF, Commercial Energy, Faegre & Benson, Google, Grundfos, Massachusetts Clean Energy Center, Mintz Levin, Patton Boggs, PG&E, Reed Smith, and many others.

The Rocky Mountain Region boasts of multiple Regional Sponsors including Faegre & Benson, Marsh Fischmann & Breyfogle, Merrick & Co, EKS&H and Encana.

Past Sponsors have included Miller/Coors, Van Gilder Insurance, Newmont Mining, Burt Technologies, City of Denver, Governor’s Energy Office, Holland & Hart, Patton Boggs and ICOSA Magazine.

ABOUT THE CLEANTECH OPEN

The Cleantech Open runs the world’s largest cleantech accelerator. Its mission is to find, fund and foster entrepreneurs with big ideas that address today’s most urgent energy, environmental and economic challenges. A 501(c)(3) not-for-profit organization, the Cleantech Open provides the infrastructure, expertise and strategic relationships that turn clever ideas into successful global cleantech companies. Since 2006, through its one-of-a-kind annual business competition and mentorship program, the Cleantech Open has enabled 473 clean-technology startups to bring their breakthrough ideas to fruition, helped alumni contestants raise over $300M, and created thousands of green-collar jobs. Fueled by a global network of more than 1,000 volunteers and sponsors, the Cleantech Open unites the public and private sectors in a shared vision for making America’s and the world’s cleantech sectors a thriving economic engine. For more information, visit www.cleantechopen.org, or follow us on Twitter and Facebook.

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