High efficiency aircon system takes prize
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An air-conditioning system that can reduce energy consumption and greenhouse gas emissions in commercial and industrial buildings by up to 85 per cent has won the Australian Clean Technologies Ideas Competition. |
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Bright ideas showcased at the Cleantech Open Global Ideas competition
SMAC Technologies was announced as the competition winner at an awards gala dinner in Sydney last night, attended by Australia’s leading innovators in the cleantech community. The award was announced by the CEO of Commercialisation Australia, Doron Ben-Meir. He said the air conditioning system not only cut energy usage, but cut costs too.
The winning technology is equally suited to retrofitting as well as to new energy efficient buildings.
SMAC Technologies and other finalists were mentored by the Innovation Department and competition partners. This gave them the necessary business acumen to help take their ideas to the global market.
SMAC will represent Australia at the international Cleantech Open Global Ideas Competition in the United States. The company will compete against entrants from 90 countries for over $100,000 in services to help launch their idea. They will also have a week of mentoring, meetings with investors, business services and other entrepreneurs at the International Awards Gala in November 2011.
The competition is supported by Enterprise Connect, Commercialisation Australia, the CSIRO and Austrade. For more information and to view videos of the finalists, go to:
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