Sironix earns $30k first prize in startup competition MN Cup

Saint Paul, MN – After three rounds of competition and months of business plan development, Sironix Renewables was selected as the winner of the Energy & Clean Tech category in the Minnesota Cup, a yearly startup competition and hub aiming to connect Minnesota’s entrepreneurial ecosystem and grow the state’s innovation footprint. The award includes a $30,000 prize to Sironix and automatically enters the company into the grand prize round, where all division winners face off for the MN Cup title.

As part of the competition, 1300 participants in eight categories refined their business plans, gave investor presentations, and filmed promotional videos through three rounds of competition. In the recent division finals, Sironix gave an investor-pitch style presentation along with two other Energy & Clean Tech teams, earning the top spot and chance to compete for the MN Cup overall grand prize on October 9 at the University of Minnesota McNamara Alumni Center. At the finals event, Sironix will give a closed-door investor pitch, participate in a demo-hour technology showcase, and present a three-minute elevator pitch during the grand prize ceremony.

The brief promotional video that Sironix developed for the MN Cup is shown below. For more information about the MN Cup and the recent awards, visit https://carlsonschool.umn.edu/faculty-research/blog/entrepreneurship/introducing-the-2017-mn-cup-finalists