Register Now to Compete in the 2008 Northeastern U.S. Premier Renewable Energy Business Plan Competition! Winners Receive a Total Of $250,000 in Cash and Services


The 4th annual Ignite Clean Energy (ICE) Business Presentation Competition is a three month long contest for entrepreneurs and students dedicated to reducing the consumption of fossil fuels through innovative technologies and services. New in 2008, the Grand Prize winner of ICE will move on to compete for the MIT Clean Energy Entrepreneurship Prize. ICE is calling for participants to register now to compete. Executive summaries are due on Friday, February 15. Coaching services are available to those who sign up now. Winners will be announced on May 14, 2008 at the final competition. To register go to http://www.ignitecleanenergy.com/ice-2008-contestant-kit/1-3-get-started-now-registering-online

•Participants in the ICE Competition generally fall into one of five categories:

oA team that wants to start a company
oInventors who need business expertise
oEntrepreneurs who need people with novel technologies
oEnthusiasts who want to join teams
oThose who want to enter as a student team

•All contestants must email a 2-5 page executive summary (1200 words maximum) of their business plan to konsager@mit.edu by the February 15 deadline. The executive summaries should include evidence of a viable and original business idea for a clean-energy venture. The ideal executive summary will attract a skeptical investor audience to want to learn more about your business.

•Deadline to register and submit executive summaries is Friday, February 15, 2008


•The combined prizes for the top five finalists total $250,000 in cash and services, including public relations services and office space for the grand prize winner.
•New in 2008, the MIT $100K Business Plan Competition and the Ignite Clean Energy competition have joined forces to provide the MIT Clean Energy Entrepreneurship Prize. The Grand Prize winner of ICE will move on to compete for the MIT CEEP—a $200,000 Grand Prize awarded on May 14, 2008. Three secondary prizes of at least $20,000 cash each will also be awarded.
•Previous winners have received national recognition and have secured lucrative business contracts.

About Ignite Clean Energy

Sponsored by the MIT Enterprise Forum Energy Special Interest Group, the Ignite Clean Energy (ICE) Competition began in 2004 to stimulate the growing clean energy industry in New England. It provides start-up clean energy companies and entrepreneurs with the opportunities and resources to develop business skills, network with industry professionals and the chance to attract potential investors. The winners will be awarded a total of $250,000 in cash and services. The leading sponsor for the 2008 ICE competition is the Massachusetts Technology Collaborative. For more information, please visit www.ignitecleanenergy.com

For More Information Contact:

Clark Crowley
Bell Pottinger USA
(617) 226-7184

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