UML and MIT Team Up for Clean Energy Competition

02/11/2005
By For more information, contact media@uml.edu or 978-934-3224

LOWELL -The University of Massachusetts Lowell and the MIT Enterprise Forum have joined forces for the Igniting Massachusetts' Clean Energy Future Competition.

       The competition calls for crafting a pitch that can sell a business concept to angel investors, venture capitalists, government grant-funding agencies and others. All Massachusetts students, researchers and entrepreneurs interested in emerging energy technologies are invited to participate. Contestants will create a short executive summary and a 15-minute presentation. The registration and submission deadline is March 1.

Paul Wormser, UML's entrepreneur-in-residence, will be the keynote speaker at the kick-off event - "How to Write a Winning Investor Presentation" on Tuesday, Feb. 15 from 6 to 9 p.m. at the MIT Tang Center in Cambridge.

The UML Commercial Venture Development center will hold the first round of presentations on March 21, at which 10 finalists will be chosen. MIT will hold the finalists presentation on April 27, and winners will be announced at the closing awards.

            A total of $30,000 in cash awards will be handed out including the first-place prize of $15,000 plus a one-year membership in the UML's Commercial Venture Development incubator valued at $20,000. Entry forms are available at www.ignitecleanenergy.com.

Other sponsors include the Massachusetts Technology Collaborative, Cummings Properties, the Massachusetts High Technology Council and Constellation Energy.

       The University of Massachusetts Lowell, a comprehensive university with special expertise in applied science and technology, is committed to educating students for lifelong success and conducting research and outreach activities that sustain the economic, environmental, and social health of the region. UML offers its 12,000 undergraduate and graduate students more than 80 degree programs in the colleges of Arts and Sciences, Engineering and Management, and the School of Health and Environment and the Graduate School of Education.  Visit our website at www.uml.edu.