Picasolar, a University of Arkansas startup that created a way to make solar cells more efficient, won the MIT Clean Energy Prize business-plan contest and $250,000 Monday at the Massachusetts Institute of Technology in Cambridge, Mass. Picasolar, fresh off its win at the 2013 Donald W. Reynolds Governor’s Cup and appearances at the prestigious Rice University and VLIC competitions, defeated 55 of the nation’s best sustainability startups to win the $150,000 top prize at MIT. In addition, the win earned the team a $100,000 prize from the U.S. Department of Energy. Click here to continue reading the article from Arkansas Business.
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