DENVER BUSINESS JOURNAL - Wasted carbon dioxide from ethanol plants and breweries can actually be converted into a pure algae oil commonly used in cosmetics and omega-3 supplements.
The winning team presented that idea at this year's University of Colorado Denver's Jake Jabs Business Plan Competition, which took place Thursday at the Four Seasons Hotel in Denver.
Superior Ecotech, a Boulder-based startup, took first and the $10,000 prize after facing off against five other teams at the competition.
Daniel Higgs, a PhD student at the University of Colorado Boulder and CEO of Superior Ecotech, said he thinks the judges selected his team because they did a lot of research to make sure they understood every aspect of the business, not just the innovation of it.
"And then conveying the complex aspect of our business on a higher level so people hearing it for the first time understand what we do," Higgs said.
Read the full report on the Denver Business Journal: http://bit.ly/TrEKUB.
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