Michigan Startup Makes Semis In Cleantech Competition
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ENRG Power Systems, a startup in TechTown’s accelerator program, has been selected as a semi-finalist contestant in the 2011 CleanTech Open, the world’s largest cleantech business competition.
The company is one of 163 semi-finalist teams chosen from approximately 500 entrants. They were also the only semi-finalist from Michigan.
“This will help give us national exposure, access to customers and funding, as well as additional expert resource support,” said Milton Roye, president and CEO of ENRG Power Systems.
ENRG Power Systems supplies advanced ignition system technologies which reduce operating costs and improve the environmental performance of light- and medium-duty commercial vehicles. Fuel economy improvements of 14 to 21 percent and greenhouse gas emission reductions of 15 to 55 percent have been achieved through its Plasma Drive Ignition system, using the power of plasma ignition to increase the operating efficiency of today’s V-8 gas engines.
Since 2006, the Cleantech Open has enabled hundreds of clean-technology startups to bring their ideas to fruition, helped alumni contestants raise over $300 million, and created an estimated 2,500 green-collar jobs. For more information, visit www.cleantechopen.org.