High atop Barrows Hall on UC Berkeley’s campus, the 16 semi-finalists in the Venture Lab Clean Technology Innovation Contest this week made their final pitches. Each of the competitors had a brutally enforced 3-minute window for the “American Idol”-style session.
Finally the judges — which included reps from SunPower and Solazyme, as well as several cleantech VCs — narrowed it down to four. The first-prize winner took home $10,000, second prize was $5,000, and $2,500 each was awarded to two additional teams, who tied for the third-place prize. The winners were a bit different than our faves, but oh well. Here’s the skinny:
1st Place — Low-Cost Fuel Cells: This team of four working out of the Lawrence Berkeley National Laboratory wants to take fuel cells to the developing world. While much of their research has been funded by high-tech companies like Siemens, Canon and Mitsubishi Chemical Corp., the group’s goal is fairly modest: Make a cheap fuel cell that can efficiently convert hydrocarbon fuel into electricity.
What the team has come up with is a small, pencil-sized steel fuel cell that can convert kerosene, a common fuel in developing nations, into electricity for indoor lighting. The team estimates that each cell would cost about $10 and last between six months and a year. Team leader Craig Jacobson says the next step is to take the $10,000 and build the prototype. After that they aim to raise $250,000 more so they can turn their fuel cell into a business (attn: VCs!).






