PRLog - Oct. 22, 2013 - CHICAGO -- AKHAN Technologies, Inc., the global leader in diamond semiconductor technology, today announced its selection as a Midwest Regional Finalist for the 2013 CleanTech Open Accelerator competition. Judging AKHAN’s product solution-- the Miraj Diamond™ platform-- as well as the accompanying business model, an expert panel of judges selected 3 regional winners from an accelerator class of 21 cleantech entrepreneurs. “We are ecstatic and honored to be selected,” said Adam Khan, Founder and CEO of AKHAN Technologies. “The ‘clean tech’ aspects of Miraj have been a major highlight and focus for us, and to be recognized for that is encouraging.”
The finalists were announced Thursday night at the conclusion of the 4th Annual Midwest Innovation Summit event in Minneapolis, which convened over 75 regional innovators including the 2013 accelerator class of start-ups with investors and corporate managers, media, civic leaders and many other influencers from throughout the Midwestern business community.
Each regional finalist won a prize package with a mix of investment and in-kind services worth up to $20,000. The three finalist companies and sustainability winner will present at the Global Forum, the Academy Awards of Cleantech on November 19-21, 2013 in California to compete for a grand prize of $200,000 in investment and services. All 21 Midwest businesses that completed the five-month accelerator program will be invited to participate at the Global Forum as exhibitors and meet investors from across the nation.
“This year’s Midwest Accelerator featured one of our strongest classes yet,” said Justin Kaster, Co-Founder and Executive Director of the Midwest division of Cleantech Open. “The experts that joined us in Minneapolis the past couple days, including many investors, were impressed. The companies that were selected for the awards are diverse geographically and are focused on different markets. It is a great display of how the cleantech approach to doing business is penetrating a variety of industries.”
About AKHAN Technologies, Inc.
After many years of research and development, AKHAN Technologies, Inc., an Illinois company, was formed in April 2007 by its founder, Adam Khan, to commercialize Diamond Lattice Technology. Commercial realization of diamond semiconductor device is the primary focus of AKHAN Technologies. Further, AKHAN is committed to continually introduce the most advanced diamond device technology to the global semiconductor community. With extensive diamond technology experience, unparalleled intellectual property, and a strong Board of Directors, AKHAN is well positioned to play an important role in enabling the “diamond age” of microelectronics. For more information, please visit http://www.akhantech.com
About the Miraj Diamond™ Platform
The Miraj Diamond™ Platform consists of the combination of two newly developed diamond technologies — low-temperature nanocrystalline diamond deposition technology developed at Argonne’s Center for Nanoscale Materials, and an efficient n-type semiconductor doping process developed by AKHAN Technologies. The combination of these breakthroughs allows for a commercially feasible approach to creating cheaper better devices that rely on integrated circuits, which could transform telecommunications, defense and aviation electronics.
Funding for the initial development of the Miraj Diamond™ platform was provided by the U.S. Department of Energy’s Office of Science. For more information about the licensing agreement of the Miraj Diamond™ technology between Argonne and AKHAN Technologies, click here
About The Cleantech Open
Since 2006, the Cleantech Open, a 501(c)(3) non-profit and the world’s largest cleantech accelerator, has been working to find, fund and foster the most promising cleantech startups on the planet. To date, over 800 Cleantech Open alumni companies across the U.S. have raised more than $800 million in external funding and created thousands of jobs. A core goal of the organization is also to convene key industry stakeholders at the local, regional and national level in an attempt to drive innovation in the cleantech space broadly.
The Cleantech Open is made possible by generous support from our Global Partner, Chevron; National Education Partner, University of Phoenix; and National Sponsors, Wells Fargo and PARC. The Midwest Accelerator Program is additionally sponsored by annual sponsors Faegre Baker Daniels, LLP, NextEnergy, Minnesota Department of Commerce, Billion & Armitage LLP, True North Venture Partners, Andcor, and event sponsors and partners Future360.tv, Agstar, Energy Foundry and the Minnesota Pollution Control Agency.
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AKHAN Tech Selected To Present At the ‘Academy Awards Of Cleantech’ Next Month In Silicon Valley
October 22, 2013 at 08:00 AM EDT
