Westborough, Mass.-based RSI Silicon was selected as the winner of the Ignite Clean Energy Business Presentation Competition. Sponsored by the MIT Enterprise Forum Energy Special Interest Group, the competition gives start-up clean energy companies and entrepreneurs the opportunity to develop their businesses.
RSI Silicon will receive $25,000 in cash, three months' worth of public relations services from Bell Pottinger USA, $15,000 in legal services provided by Mintz Levin and a choice of one year of office space from Cummings Properties, valued at $25,000, or incubator space at the UMass Dartmouth Applied Technology and Manufacturing Center (worth $15,000).
The team has developed a unique technology to address the challenge of supplying silicon for solar cells. It expects to compete with large silicon manufacturers and revolutionize the way the material is produced, RSI says. The company will use the funding to build a pilot line and research and development facility, followed by a large silicon plant.