Colorado is a hotbed for cleantech companies and entrepreneurs. So the Colorado Cleantech Industry Association had a lot to choose from when it recently handed out eight awards recognizing companies and individuals that have helped advance cleantech initiatives throughout the state.
Companies were chosen on a number of factors, including the ability to create an innovative clean technology, the ability to raise funding to support the technology, and the company’s job-creation potential in the state. A group of venture capitalists and corporate strategist chose the final winners.
Gevo, a Englewood, Colorado-based company brought home the award for High Impact Cleantech Company of the Year. The company is developing biofuel alternatives to petroleum and has completed a $123 million initial public offering. Its product, isobutanol, can be used in the petrochemical market. It can also be processed into jet fuel and feedstocks for the production of synthetic rubber, plastics and polyesters. The company employs 100 and has hired 17 more people this year.
The Emerging Cleantech Company of the Year award went to solar window company RavenBrick. The company has developed solar-control windows that reduce energy costs by up to 50 percent in most buildings. The smart-window technology is meant for use in commercial, residential and industrial buildings. RavenBrick has grown to a company of 14 employees and plans to hire extensively in 2012. It has also raised $6 million in capital from venture capitalists.
Other winners included: OPX Biotechnologies; Adrian Tuck, Tendril; the National Renewable Energy Laboratory; State Rep. Cheri Gerou; Paul Nelson, Clean Range Ventures; and Fort Collins Utilities.
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