Etalim picks up Best Early Stage Cleantech Award
The 2010 Canadian Financing Forum took place today at the Hyatt Regency in downtown Vancouver and four previous New Ventures BC Competitors were chosen to present the Venture Capitalist audience.
- Aquavive Technologies – 2009 Top 30 Company
- Rapid Electric Vehicles Inc. (REV) – 2009 Top 10 Finalist
- Etalim – 2nd place in 2009
- Genologics Life Sciences Software – 2nd Place in 2003
The Forum wrapped up tonight with a reception to announce the Forum Favorites and Best Early Stage award winners. Iain Black, Minister of Small Business, Technology and Economic Development, was in attendance and presented the Best Early Stage Cleantech award to Burnaby’s Etalim.
Etalim’s new solar-power technology inexpensively converts the sun’s heat into emission-free electricity. This new technology uniquely combines thermodynamics, high-amplitude acoustics, mechanical resonance and material science to generate electricity not only from the sun, but from any heat source. An Etalim power plant can capture the sunlight falling on an area of land the size of a football field to power 500 homes without creating any CO2 emissions.
Etalim was founded and incorporated in March 2006. Former Creo CEO Amos Michelson is Etalim’s Chairman and experienced tech entrepreneur Ron Klopfer was named CEO in June 2009.