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This Year’s Shale Gas Innovation Contest Will Award a Total of $100,000 in Cash Prizes!



  This Year’s Shale Gas Innovation Contest Will Award a Total of $100,000 in
  Cash Prizes!

Business Wire

STATE COLLEGE, Pa. -- December 17, 2013

The Ben Franklin Shale Gas Innovation and Commercialization Center
www.sgicc.org has announced their 2014 Shale Gas Innovation Competition. Cash
awards totaling $100,000 will be made to the  four best shale gas-oriented
innovations, new product ideas, or service concepts. The contest is open to
researchers, entrepreneurs, or small company innovators in Pennsylvania or
West Virginia or those willing to locate to either state.

To download an application, visit www.sgicc.org and click on the $100,000
Shale Gas Innovation Contest tab. The deadline for applications is February 1,
2014.

“We are constantly amazed at the creativity we see from entrepreneurs who want
to provide products or services to the play,” remarked Bill Hall, Director of
the SGICC. “What’s great about this competition is that a simple online
summary is all that’s required to get started. Basically any idea related to
the shale energy space is eligible – even if it has already been commercially
developed. In the past, we’ve seen applications related to natural gas
utilization products/services, remote site monitoring, well pad EH&S products
or services, natural gas or NGL conversion technologies, and water management
or remediation technologies.”

For details regarding eligibility contact Bill Hall at 814-933-8203 or
billhall@psu.edu. Finalists will be chosen by a panel of industry experts at
an Awards Event in May 2014.

In addition to the cash prizes, successful applicants will gain exposure to
investors, potential partners, and industry sponsors. Traditionally a
Pennsylvania-focused event, the contest has been expanded to include West
Virginia through a grant from the Benedum Foundation. This year the
competition is co-sponsored by Ben Franklin Technology Partners
(http://www.benfranklin.org), ANGA (www.anga.us), Acorn Energy
(http://acornenergy.com), AquaTech (www.aquatech.com), Baker Hughes
(www.bakerhughes.com), Cabot Oil & Gas Corporation (www.cabotog.com), Chevron
Technology Ventures (http://www.chevron.com/ctv/ctvi/), CONSOL Energy
(www.consolenergy.com), Chesapeake Energy (www.chk.com), First National Bank
(www.fnb-online.com ), GE Oil & Gas (http://www.ge-energy.com), Little Pine
Resources (http://littlepineresources.com), the Marcellus Shale Coalition
(http://marcelluscoalition.org), Praxair (www.praxair.com), Range Resources
http://www.rangeresources.com/), and Seneca Resources Corporation
(http://natfuel.com/seneca/).

The Ben Franklin Shale Gas Innovation and Commercialization Center
(www.sgicc.org) is designed to encourage the development of new technologies
from the Marcellus and Utica shale formations, while enhancing responsible
stewardship of the environment.

Contact:

Ben Franklin Technology Partners
Bill Hall/Director, 814-933-8203
billhall@psu.edu
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