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University of Maryland Announces Finalists for $75K Business Plan Competition
Date:4/8/2009

renewable energy sources available in the communities, while also establishing processing plants to localize value-added services for the region's raw materials. The power plant and the processing plant will be linked and interdependent, with the electricity needed to run the processing plant coming directly from the power plant and the processing plant, directly increasing the overall income of the population, reducing the aggregate cost of producing the electricity, and thereby making the power plant sustainable for the community.

Team: Trevor Young, undergraduate student, environmental economics; Stanley Ohaka, undergraduate student, geology; Shavon Holland, undergraduate student, American Studies.

The distinguished judges that selected finalist teams included: Jonathan Aberman, founder and managing director, Amplifier Venture Partners LP; Henry Ahn, program manager, technology funding programs, Maryland Technology Development Corporation; Paul Allenza, director, Biotechnology Research and Education Program; entrepreneur Bill Bellows; bio-entrepreneur Lou Cantolupo; Warren Citrin, co-founder and board member, Gloto Corp., co-founder, Solipsys Corporation; Rob Cohen; Craig Dye, member, board of advisors, Articulated Impact & Affinity Lab; Brent Goldfarb, assistant professor of management and entrepreneurship, department of management and organization, Robert H. Smith School of Business; Oliver Jay, associate, New Enterprise Associates; William Lee, CEO, co-founder and director, eMembrane Inc.; Andrew Plump, vice president, Merck; angel investor Bob Proctor; Sha Wang, principal, Cybernaut (China) Investment; Coach Wei, CEO, Yottaa Inc. and chairman, Nexaweb Technologies; Sonny Vu, founder, EVP, AgaMatrix.

This year, a special award will be given to company ideas with a positive impact on society or sustainability through the generous support of Warren Citrin.

The competition
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SOURCE University of Maryland
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