Good news!
Prometheus Power Systems, a Richard Ivey School of Business New Venture Project by Matthew Busbridge, Sebastian Koper and Joseph Mocanu (Spring MBA 2009) placed first at the National Business & Technology Conference Entrepreneurship Competition this weekend at the MaRS Discovery District in Toronto.
Prometheus (PPS) competed against teams from McGill, UBC and U of T and managed to convince a panel of judges (Angel investors and technology consultants) that their business is a viable and profitable opportunity. Top prize was $20,000 of consulting services to help them refine their strategic plan.
PPS has identified an innovative method of monetizing commercial rooftop assets. By leveraging cutting-edge photovoltaic technology, favourable regulatory conditions and a niche underserved market, PPS offers a CAGR of 49% over a period of 5 years. For more information, please contact PPS’ management team at .(JavaScript must be enabled to view this email address)
PPS will now focus on competing against Canada’s best at Ivey’s IBK Business Plan Competition next weekend!
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