North Carolina A&T State University Crowned Champion in $100,000 ACC Clean Energy Challenge

  North Carolina A&T State University Crowned Champion in $100,000 ACC Clean
                               Energy Challenge

Runner-Up Clemson Wins $5,000 in DOE Competition

PR Newswire

COLLEGE PARK, Md., April 22, 2013

COLLEGE PARK, Md., April 22, 2013 /PRNewswire-USNewswire/ --Bioadhesive
Alliance Inc., a team from North Carolina Agricultural and Technical State
University developing a bio-based adhesive for potential use as a substitute
to petroleum-based asphalt binder, won the second annual ACC Clean Energy
Challenge and the Department of Energy's $100,000 grand prize, competition
officials announce today.

The North Carolina A&T State University team presented their technology to a
panel of expert judges from the clean energy community at the ACC Clean Energy
Challenge Final Four on April 9 at North Carolina State University in Raleigh,
N.C.

Bioadhesive Alliance now moves on to represent the southeast region in the DOE
National Clean Energy Business Plan Finals in Washington, D.C., this June.

Winning second place and $5,000 was Clemson University's Brewcovery, whose
team is developing bio-separation and bio-digestion processes to recover and
refine value-added co-products from the bio-based food industry and brewery
waste.

The daylong ACC Clean Energy Challenge finals event began with the Elite Eight
Plus Two semifinalists, comprised of eight teams earning automatic berths from
their respective ACC school competitions and two at-large teams from non-ACC
schools in the southeast United States, competing to advance to the Final
Four. Along with North Carolina A&T and Clemson, the judging panel selected NC
State and Duke to advance in the competition. The $100,000 prize and ACC Clean
Energy Cup were presented to Bioadhesive Alliance by Department of Energy
officials, along with representatives from competition co-host schools NC
State, Duke University, University of North Carolina Chapel Hill and
competition organizer University of Maryland.

"NC State washonoredto host the ACC Clean Energy Challenge in partnership
with Duke, UNC-Chapel Hill, Wake Forest, and Maryland," said Dr. Tom Miller,
Senior Vice Provost for Academic Outreach and Entrepreneurship. "The best part
of the competition was seeing the talentand entrepreneurial spiritthat spans
across all oftheuniversitiesthat participated. It was truly an impressive
group of student entrepreneurs who are committed to developing real-world
solutions in the cleantech industry."

Bioadhesive Alliance's winning technology, an environmentally friendly
bio-based adhesive, is a sustainable alternative resource developed from the
thermochemical liquefaction process converting swine manure to a bio-binder,
while sequestering carbon and greenhouse gases otherwise released into the
atmosphere.

Competition judges were impressed by the Bioadhesive Alliance team's
presentation, which was refined through the company's participation in the
National Science Foundation Innovation Corps (I-Corps) program. Bioadhesive's
team, all from North Carolina A&T State University, includes graduate student
Daniel Oldham and business development professional Mahour Parast. Civil
Engineering Assistant Professor Elham "Ellie" Fini serves as the team's
technical advisor.

The Clemson Brewcovery team is developing a bio-separation and bio-digestion
system to create energy and additional products from food industry and brewery
waste while reducing the carbon footprint of these facilities. Those products
could include bio-lipids for biofuel production, organic nitrogen and
phosphorus rich soil amendments, and high protein animal feeds. Brewcovery's
team includes biosystems engineering graduate student David Thornton,
sustainable agriculture graduate student Alex Pellett, environmental
engineering alumna Holly Garret, and Dr. Terry H. Walker, Professor,
biosystems engineering.

The ACC Clean Energy Challenge finals commenced with keynote speaker Mark
Johnson, Director of the Advanced Research Projects Agency-Energy (ARPA-E),
who provided insights into the future direction of the cleantech field and
inspired students to continue the development of their cutting-edge
technologies. Upon conclusion of the team presentations, Lee Anne Nance,
Senior Vice President of the Research Triangle Regional Partnership, moderated
a panel titled "Cleantech Entrepreneurship: From Seed to Start-Up to Seasoned
Enterprise." Panelists included: John Bluth, Senior Vice President, Investor
Relations/Corporate Communications, PowerSecure International; Scott Bolin,
Co-founder and CEO, Tethis; Tim Fairchild, Director of Global Utilities
Practice, SAS; Rachele Haber-Thomson, Impact Fellow at Investor's Circle; and
Bob Kingery, Co-Founder and President, Southern Energy Management.

The ACC Clean Energy Challenge networking reception, held the evening of April
8, provided the semifinalist teams with the opportunity to network with
successful entrepreneurs and executives in the cleantech sector. Speakers, who
provided students with an overview of the opportunities available to their
companies at various stages of the company lifecycle, from start-up to
partnering to mergers and acquisitions, included: Dr. Terri Lomax, Vice
Chancellor forResearch, NC State University; Rob Glass, Vice President of
Technology, CREE; Allan Burchett, Senior Vice President of Business
Development, ABB; and Jason Sulham, Pew Charitable Trusts.

The $100K ACC Clean Energy Challenge is a business plan competition
encouraging students from all universities throughout the southeastern United
States to develop business plans for new clean energy companies focused on
renewable energy, energy efficiency improvements and advanced fuels/vehicles.
As part of the Obama Administration's effort to support and empower the next
generation of American clean energy entrepreneurs, the Department of Energy
selected the ACC Clean Energy Challenge and five additional regional
competitions in the U.S. as part of its inaugural nationwide network of
student-focused clean energy business plan competitions over the next three
years.

For more information about the competition, visit: www.accnrg.org.

About the DOE Office of Energy Efficiency and Renewable Energy
TheDOE's Office of Energy Efficiency and Renewable Energyinvests in clean
energy technologies that strengthen the economy, protect the environment, and
reduce dependence on foreign oil. Learn more about DOE's efforts to promote a
new generation of energy entrepreneurs at:http://www.eere.energy.gov/.

SOURCE ACC Clean Energy Challenge

Website: http://www.accnrg.org
Website: http://www.eere.energy.gov
 
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