Innovation Concourse of the Southeast: The 2013 Event

: On behalf of the University of Central Florida and MegaWatt Ventures, a grant for $100,000 is presented to Bio-Adhesive Alliance. Pictured left to right: Mahour Parast, Daniel Oldham and Elham Fini, Jennifer Garson, Program Manager at U.S. Department of Energy and Dr. Tom O’Neal, Associate VP of Research and Commercialization at UCF.

On behalf of the University of Central Florida and MegaWatt Ventures, a grant for $100,000 is presented to Bio-Adhesive Alliance. Pictured left to right: Mahour Parast, Daniel Oldham and Elham Fini, Jennifer Garson, Program Manager at U.S. Department of Energy and Dr. Tom O’Neal, Associate VP of Research and Commercialization at UCF.

On September 24-25, UCF hosted the first Innovation Concourse of the Southeast event that combined MegaWatt Ventures, the Florida Cleantech Acceleration Network in partnership with Florida Energy Systems Consortium (FESC) and the newly formed Innovation Concourse of the Southeast. This unique event unveiled new energy and environmental technologies and products with an over-arching goal to develop the innovation ecosystem throughout the Southeastern United States. The event brought together up-and-coming small technology businesses, innovative university researchers, industry leading corporations and numerous regional resources that enabled substantial exposure of these small businesses and university researchers to large commercial opportunities.

The University of Central Florida hosts these programs that support companies working in the energy and environment technologies arena through funding by the U.S. Department of Energy and Economic Development Agency.

The MegaWatt Ventures business plan competition encompassed the first day of the event. Six months ago, ten teams each won a $10,000 seed grant, access to coaching and mentorship to compete for a grand prize of $100,000. The result of the exciting 2013 MegaWatt Ventures Competition and recipient of the grand prize is Bio-Adhesive Alliance, Inc. from Greensboro, North Carolina. Bio-Adhesive Alliance utilizes swine waste to create a durable construction adhesive that enhances pavement performance and other floor adhesive applications. The technology and student participants hail from North Carolina Agriculture and Technology State University. The University of Central Florida also had two finalists: HySense Technology, a faculty-led spin-out from the Florida Solar Energy Center producing color-changing pigments to identify dangerous gas leaks and Talawah Technologies, a UCF alumni-led spin-out and UCF Business Incubator client developing low power, long range operating sensor devices.

The exhibition continued for a second day and concluded with a keynote speech from Patrick Sheehan, Executive Director of the State of Florida Office of Energy. Following his presentation, he met with exhibitors and commented that he had never before witnessed such camaraderie and support between the exhibiting companies, the coaching teams and conference organizers from the Innovation Concourse of the Southeast.

The Innovation Concourse of the Southeast event provided exciting connection opportunities for customers, investors and various strategic partners, including some of the country’s largest technology companies, to advantageously develop, support and inspire an innovative technology ecosystem in this region. Event attendees had a firsthand opportunity to meet technical scouts and venture capitalists from Fortune 1000 companies such as Boeing, Dow, BASF, GE, Siemens, and others. The exhibitors demonstrated a wide array of pioneering technologies that address today’s critical energy and environmental concerns such as soil and groundwater contamination, fracking, indoor air quality, high energy/power density storage, hydrogen leak detection and many more that have endless applications.

The Innovation Concourse of the Southeast will be a recurring program and host events to showcase companies and technologies from 10 states of the US. The next event held June 3: 4, 2014, will exhibit innovations in manufacturing and safety.

To see more details about the participating companies or future efforts, please visit www.InnovationConcourse.com