Kellogg Start Up Charges Ahead in the Energy Industry
This article was originally sourced from “Clean Energy Student Startup Charges Ahead,” an article in the Campus Life section of Northwestern University’s Alumni Magazine, Northwestern.
Since winning just under $1 million in grant money at business plan competitions last year, SiNode Systems, a Chicago-based energy startup, is looking to change the energy industry with its innovative battery technologies. Since being founded by a team of Kellogg School of Management and McCormick students through NUvention, the start-up has quadrupled its staff, opened a new lab facility, closed a round of private financing, signed a partnership deal with a multibillion-dollar chemical company and reached a deal with the U.S. Department of Energy on June 16 that awarded SiNode a $1 million follow-on grant to develop its technology for electric cars. Continue reading…
MIT Sloan Students Among Semi-Finalists for the MIT Clean Energy Prize
Several teams featuring current MIT Sloan students are included among the semifinalists of the seventh annual MIT Clean Energy Prize competition. The MIT Clean Energy Prize is open to graduate and undergraduate students enrolled at least half-time at any university in the United States. It is a student-organized business plan competition where teams can submit their own clean energy or technology ideas into one of three categories: Energy Efficiency, Renewable Energy, or Infrastructure & Resources. Over a period of several months, the teams are mentored and critiqued by panels of venture capitalists, CEOs, lawyers, and academics.
This year, more than 60 teams from 24 universities across the United States competed in the MIT Clean Energy Prize. Following the first round of judging, 21 teams were invited to enter the semifinal round of the competition. These teams will receive mentoring, a $1,000 stipend, and access to MIT Clean Energy Prize resources such as partnerships with startup accelerators and a wide network of clean energy experts. Continue reading…
