logo
economic.jpg

Office of the City Manager

Pasadena Participates in a Clean Energy Challenge

The City of Pasadena had the opportunity to be a sponsor for the awards ceremony for the “First Look West Clean Energy Challenge” Western Regional Finals. The US Department of Energy (DOE), Caltech along with other research universities created a public-private consortium, called First Look West (FLoW), which builds upon the mission of the DOE Office of Energy Efficiency and Renewable Energy (EERE) to improve energy efficiency and productivity and bring reliable, affordable clean technologies to market. FLoW is a student-based competition with the objective to build a new generation of energy leaders, a strong workforce, and an overall green economy with hopes to create new clean energy solutions to our power problems.

Concepts developed by 65 different teams were reviewed by judges consisting of investors, successful entrepreneurs, energy corporations and technologists. On May 1st Caltech hosted the awards program at The Athenaeum.  FLoW offered a first prize of $100,000, a second place prize of $60,000 and third place prize of $40,000. In addition to prize money, FLoW offered mentoring programs, legal start-up packages, and the opportunity to pitch to investors who can help student entrepreneurs transform innovative ideas into commercial reality.   The event exposed Pasadena as a fertile area for entrepreneurial pursuits and new technology.  For additional information, contact Eric Duyshart at 626-744-7353

 

Posted: 5/3/2012 04:50:00 PM