A couple of weeks from now, three technology entrepreneur teams from China will go to United States to attend 2010 Intel+UC Berkeley Technology Entrepreneurship Challenge (IBTEC). They were top teams selected from a national technology entrepreneurship business plan competition back in July. Last year the Chinese Ihealth team won top honors at the challenge, so it is a journey to defend national honor to some degree. An interesting phenomenon is that all entrepreneurs are related with green technology.Bio-oil, convert waste oil to biodiesel Bio-oil produces biodiesel by using various kinds of waste oil as raw materials. The company not only solves problems arising from the disposal of waste oil, but also provides a clean and sustainable form of energy -thus bringing valuable benefits to society. There are three main technical breakthroughs. First, it’s a green technology, and the production process is completely pollution-free. Second, the technology could be used in a very wide range of materials. Almost all animal and plant oils can be used as the raw materials for production. And it even works well with waste oil such as cooking oil and other acidic oils. Last but not the least, the by-products of production could be efficiently used. Traditional biodiesel refining processes produce a large amount of the by-product glycerol, be the production in the U.S., the EU and China. Most of the glycerol is sold as a low-cost chemical raw material at a discounted price. By using Bio-oil technology, the glycerol can be directly translated into the much higher value-added chemical product PDO, which increases the profit per ton of waste oil from $188 to $334, enhancing the economic benefits of the whole production process dramatically. Key team members of Bio-oil are from Tsinghua University. CEO, LEI Ming, is a graduate student in the school of Economics and Management. He is the co-founder of Beijing INFO Technology Corporation–leading College Media Company in China with mobile newspaper and mobile internet software. COO YU Hao, a graduate student in the school of aerospace, was vice president of Tsinghua University Student Union. CFO ZHAO Junting, an undergraduate student from Helsinki School of economics, in the mean while an exchange student in Tsinghua University. Hi-light, revolutionize the lighting industry Hi-light aims to use its LEC (Light-emitting electrochemical cells) light technologies to revolutionize the lighting industry and to create a new generation of illumination products. Compared with competitors, LEC lights have the following advantages: – Lighting advantage — Optimum color temperature, high color rendering index – Efficient lighting — Area light source, efficient heat dissipation – Low production costs — Simple structure, abundant organic raw materials – Environmentally friendly — non mercury, stable structure – Revolutionary lifestyle product — Close to natural light, flexible, light of the future Based on the advantages, the Hi-Light products could be widely used in hotels, museums, libraries, home, etc. The team is also from Tsinghua University. HU Tao is the CEO and currently a master student in the department of chemistry, in the meanwhile in the process of pursuit a bachelor’s degree in economics from Peking University. He was the chairman of Tsinghua University Student Union. YANG Mo is currently in acquiring a bachelor’s degree in Media Studies. She is the CMO and instrumental in creation of Hi-light’s brand image. MAO Yiran is the CFO and a recent graduate of the Tsinghua Department of Economics, majoring in information systems management. Zland Carbon, clean environment via molded activated carbon Zland Carbon positions itself as a start-up supplier of molded activated carbon and innovative treatment systems, aims to be a high-tech corporation which provides value-added technologies and services of molded activated carbon products. The core competitiveness of Zland is the preparation method of molded active carbon and the advanced regeneration technology of exhausted active carbon. Based on these advantages, Zland’s products could be used for both industry and civil. Because of the high performance of absorption, Zland Carbon can be used in cars or molded as commercial presents in offices to clean the air. In the condition of cleansing waste water, Zland activated carbon also shows the advantage for its low cost due to its regeneration capability. The three group members come from Shanghai Jiao Tong University, China. XIANG, Yuchen, the team leader, is a master student in Antai College of Economics and Management, with a bachelor’s degree in the area of materials. JIA, Jun, the CMO, a graduate student in the department of Electrical Engineering ZHANG, Yi is an undergraduate student in Materials, and he is in charge of the company’s strategy. With the competitive teams from all around the world, the IBTEC 2010 will be an exciting journey! Look forward to it.