A chance for energy entrepreneurs to win one of three $25,000 prizes

Shale Innovation Contest
Penn State Extension
Posted: January 26, 2013
A chance for energy entrepreneurs to win one of three $25,000 prizes for their innovations

Are you a researcher, entrepreneur, or innovator working in the shale gas space in Pennsylvania? The Ben Franklin Shale Gas Innovation and Commercialization Center (SGICC) announced today the program will award a total of $75,000 in cash prizes for the three best shale gas-oriented innovations, new product ideas, or service concepts that are either in the development stage or recently launched.

In addition to the cash prizes, successful applicants will gain exposure to investors, potential partners, and industry sponsors. This year, the Shale Gas Innovation Contest is co-sponsored by Ben Franklin Technology Partners, ANGA, Acorn Energy, Cabot Oil & Gas Corporation, CONSOL Energy, Chesapeake Energy, The Dow Chemical Company, First National Bank, Little Pine Resources. the Marcellus Shale Coalition, and Praxair.

Bill Hall, Director of the SGICC remarked, “What’s great about this competition is that a simple online summary is all that’s required to get started. Any idea related to the shale gas space is eligible - even if the product or service has already been commercially developed. Examples include vehicle conversion, natural gas utilization products/services, remote site monitoring, natural gas or NGL conversion technologies, and water remediation for fracking operations”.

Finalists will be chosen by a panel of industry experts. To download an application, visit www.sgicc.org and click on the $75,000 2013 Shale Gas Innovation Contest tab. 

Deadline to enter is February 1, 2013.

For details regarding eligibility or other questions, contact Bill Hall at either 814-933-8203 or billhall@psu.edu