Purdue team wins ORNL Global Venture Challenge
OAK RIDGE, Tenn., March 27, 2009 — A Purdue University students' business plan for making low-cost, energy efficient lights has won first place in the Global Venture Challenge Idea to Product Competition at Oak Ridge National Laboratory.
The winning team took home the grand prize of $25,000 for a presentation on their company, SiMetal, which specializes in fabrication of low-cost, light-emitting diode, or LED, chips. The Purdue team members are James Cruse, Carlos Kemeny, Matthew Lynall and Isaac Wildeson.
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