The competition, lets business in the clean tech sector compete for thousands of dollars in funding, entrepreneurial support, exposure to venture capitalists and mentoring from senior level business executives in the industry.
"We're trying to find, foster and fund clean tech companies," Contestant Chair for the Rocky Mountain Clean Tech Open Wes Schrader said. "We're looking for entrepreneurs to enter this year's competition and we're trying to fast-forward the development of those companies and those entrepreneurs and help them get a leg up to establish America's clean tech leadership."
This is only the second year of the competition and the Clean Tech Open has expanded the number of contestants by 50 percent.
Last year, 11 teams went through the competition with three taking $30,000 in prize money and a chance to compete at the national and international competition.
Officials with the Clean Tech Open say the application for the competition is a three page executive summary and is due by Saturday at midnight. You can learn more and download the application on the Clean Tech Open's website.
(KUSA-TV © Mutlimedia Holdings Corporation)