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DOE Announces Funding for Nationwide Student Clean Energy Business Competitions

July 21, 2011

As part of the Obama Administration's effort to support and empower the next generation of American clean energy entrepreneurs, U.S. Energy Secretary Steven Chu announced $2 million in funding for the National University Clean Energy Business Challenge. This nationwide initiative will create a network of regional student-focused clean energy business creation competitions, with winners competing for a national grand prize at a competition at the Department of Energy (DOE) in Washington, D.C. in 2012. The funding will support up to six regional competitions that will inspire, mentor, and train students from across the country to develop successful business plans to create a new generation of American clean energy companies. These regional competitions will take place before May 1, 2012.