Ben Franklin News
November 6, 2012
For further information:
Bill Hall/Director
Shale Gas Innovation & Commercialization Center
814-933-8203 / billhall@psu.edu
Win One of Three $25,000 Awards for Shale Gas Innovation
Are you a researcher, entrepreneur, or innovator working in the shale gas space in Pennsylvania? The Ben Franklin Shale Gas Innovation and Commercialization Center www.sgicc.org 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 (http://www.benfranklin.org), ANGA(www.anga.us), Acorn Energy (http://acornenergy.com), Cabot Oil & Gas Corporation (www.cabotog.com), CONSOL Energy (www.consolenergy.com), Chesapeake Energy (www.chk.com), First National Bank (www.fnb-online.com ), Little Pine Resources (http://littlepineresources.com), the Marcellus Shale Coalition (http://marcelluscoalition.org) , and Praxair (www.praxair.com) .
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. The Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority.
About the SGICC
The Ben Franklin Shale Gas Innovation and Commercialization Center (www.sgicc.org) is designed to harness innovation and new technologies as a means to maximize the economic return to Pennsylvania’s citizens from the Marcellus and Utica shale formations. The Center’s goal is to increase sustainable employment and wealth creation in Pennsylvania that has the potential to outlast the initial exploration, production and transportation of natural gas from the formations. The Center will also identify, support and commercialize technologies and early-stage businesses that enhance responsible stewardship of the environment while properly utilizing this transformative energy asset.
