The 2016 Fifth Annual Shale Gas Innovation Contest Will Award a Total of $80,000 in Cash Prizes!
The Ben Franklin Shale Gas Innovation and Commercialization Center www.sgicc.org
announced that this year’s Fifth Annual Shale Gas Innovation
Contest will award a total of $80,000 in cash prizes. The prize
money will be shared among the four best shale-energy oriented
innovations, new product ideas, or service concepts that are either in
the development stage or recently launched. Researchers, entrepreneurs,
or small businesses in Pennsylvania and West Virginia, who are focused
on developing a new product or service for the shale energy space are
welcome to apply.
A simple, online application can be found at http://www.sgicc.org/2016-shale-gas-innovation-contest.html.
“The SGICC would like to recognize the generous support of the
Benedum Foundation for again helping to extend the contest to include
West Virginia.” – Bill Hall, SGICC Director
In addition to the cash prizes, successful applicants will gain exposure
to investors, potential partners, and industry sponsors. The Final’s
Event, already scheduled to take place on May 18th, 2016 at
the Hilton Garden Inn in Southpointe, PA, will include a poster session
to highlight some of the most promising technologies under development
at regional universities and research centers.
This Fifth Annual Shale Gas Innovation Contest’s GOLD Sponsor
is Ben Franklin Technology Partners (http://www.benfranklin.org).
Industry sponsors include: AquaTech (www.aquatech.com),
Chevron Technology Ventures (http://www.chevron.com/ctv/ctvi/),
EQT Corporation (https://www.eqt.com/
), First National Bank (www.fnb-online.com
), GE Oil & Gas (http://www.ge-energy.com),
Inflection Energy (http://www.inflectionenergy.com/),
LPR Energy (http://www.lprenergy.com/),
LPR Land Services (http://www.lprls.com/),
the Marcellus Shale Coalition (http://marcelluscoalition.org),
PPG Industries (http://corporate.ppg.com/),
Steptoe & Johnson PLLC (http://www.steptoe-johnson.com/
), and Williams (www.williamsinthenortheast.com).
Non-profit sponsors include: Carnegie Mellon University’s Scott
Institute for Energy Innovation (http://www.cmu.edu/energy/),
and Penn State University’s Institute for Natural Gas Research (http://www.ems.psu.edu/INGaR).
Bill Hall, Director of the SGICC commented, “The challenging pricing
environment that the industry is facing, the ever-increasing emphasis on
environmental compliance, and gaining the social license to operate
across the Marcellus and Utica Shale Region, are factors that continue
to make new innovations all the more important. The rapid pace of
innovation adoption across the shale energy plays in this area has been
amazing! Through this contest, SGICC shines a light on the best new
innovations being developed in our region.”
Any idea or already commercialized product or service related to the
shale energy space is eligible. Examples include well pad EH&S
products/services, novel materials or chemicals - to enhance
performance, prevent corrosion, or improve product yield - remote site
monitoring technologies, natural gas or NGL conversion technologies, and
water management or remediation technologies.
Finalists will be chosen by a panel of industry experts. To download an
application, visit www.sgicc.org
and click on the 2016 Shale Gas Innovation Contest tab. Deadline
to enter is 11:59 PM on February 1, 2016.
For details regarding eligibility or other questions, contact Bill Hall
at either 814-933-8203 or firstname.lastname@example.org.
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 also identifies,
supports and helps commercialize technologies and early-stage businesses
that enhance responsible stewardship of the environment while properly
utilizing this transformative energy asset.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151208006090/en/
Copyright Business Wire 2015
Source: Business Wire
(December 8, 2015 - 10:00 AM EST)
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