Rice Adds $100K Kleiner Perkins Clean Technology Prize

The Rice Alliance for Technology and Entrepreneurship said Wednesday that it will be awarding a new, $100,000 Kleiner Perkins Caufield and Byers (KPCB) Prize for Cleantech Innovation, as part of its 2011 Rice Business Plan Competition. According to Rice, the new prize is intended to encourage business and technology solutions for cleaner power, transportation, and water. The business plan competition, which is open to graduate students, is taking place April 14-16th in Houston. So far, the annual competition has more than $1M in total prizes lined up.