Energy from Waste business plan cleans up on awards at the University of Adelaide commercialisation awards.
Energy from Waste, a business plan to convert grease-trap waste into commercial biodiesel, has picked up an array of prizes and awards at the 2013 University of Adelaide Entrepreneurship, Commercialisation, and Innovation Centre (ECIC) Australian eChallenge.
The group behind the plan won first place at the eChallenge Awards, and also received the Adelaide Airport Clean Tech Award, the People’s Choice Award, and a trip to Texas to compete in the Global Venture Labs Investment Competition. In total, awards and prizes won by Energy from Waste total over AU$55,000.
Energy from Waste’s plan outlines how it will work with major waste processing companies and convert grease-trap waste to biodiesel, eliminating disposal costs whilst creating a new revenue stream.
Noel Lindsay, director of ECIC, said: “Australian eChallenge is growing in popularity each year, with 35 highly creative and innovative teams competing in this year’s competition. Energy from Waste was selected because the team’s business plan is thorough and professional. The team’s proposal clearly outlines an opportunity to reduce the cost of waste processing and decrease its impact on the environment.”
