Technology News

Boston Group Initiates Energy Competition

Tuesday, November 21, 2006 8:00:00 AM PDT | VentureDeal Staff

BOSTON, MA  - Leading venture capital firms and professional service firms have teamed up to create a new organization to encourage energy technologies, called the New England Energy Innovation Collaborative.

Sponsored by General Catalyst Partners, Atlas Ventures and Advanced Technology Ventures, along with local law and other service firms, the new organization has started a business plan competition open to any local energy technology company that hasn't been funded by venture capital.

The competition has a top prize of $150,000, composed of $100,000 in funding from the three venture firms and $50,000 worth of in-kind services, including office space.  The deadline for entries is January 22, 2007 and the winner will be announced March 10, 2007 at the MIT Energy conference.

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