University of Houston nanotech company wins Goradia Innovation Prize

October 10, 2013

C-Voltaics, the nanotechnology company started by a University of Houston researcher, has been named the grand prize winner of this year's Goradia Innovation Prize.

The Houston Technology Center, a technology business incubator, announced the prize winners this week. The Goradia Innovation Prize is based on commercial potential, soundness of the business plan, the potential for job growth within the region and the likelihood of significant long-term success.

C-Voltaics was started by Seamus "Shay" Curran, director of the UH Institute for NanoEnergy, and launched this fall in the University's Energy Research Park. The company produces nano-coatings designed to protect fabric, wood, glass and a variety of other products from water, stains, dust and other environmental hazards.

"This is confirmation on the direction we're taking, confirmation from the marketplace that there is a need for the product," Curran said. "It doesn't change what we're doing. We still have deadlines."

The company received the Young Technology Award in August at the Commercialization of Micro- and Nanosystems Conference in The Netherlands, a competition for companies that are less than 10 years old. That competition is based on expected return on investment.

UH is a shareholder in C-Voltaics, the first nanotechnology company to be spun off from the University.

The Goradia Innovation Prize is named for Vijay Goradia and his wife, Dr. Maria Goradia, and their family, who donated $1 million to be distributed over 10 years. The Greater Houston Partnership donated $100,000, to be distributed over two years. C-Voltaics will receive $50,000 for its grand prize win.

Explore further: University of Houston launches first nanotech company

Related Stories

University of Houston launches first nanotech company

September 3, 2013

Out of the test-tube, onto your jeans? How about your patio deck? A researcher from the University of Houston has turned his nanotechnology research into reality, launching a nanotech manufacturing company in the University's ...

Schwarzenegger hands out green award in Denmark

October 11, 2012

Former California governor Arnold Schwarzenegger handed out a Danish environmental prize to a British company in Copenhagen on Thursday, and praised the city as an inspiration for sustainable energy.

Recommended for you

New aspect of atom mimicry for nanotechnology applications

December 2, 2016

In nanotechnology control is key. Control over the arrangements and distances between nanoparticles can allow tailored interaction strengths so that properties can be harnessed in devices such as plasmonic sensors. Now researchers ...

Engineers create prototype chip just three atoms thick

November 29, 2016

For more than 50 years, silicon chipmakers have devised inventive ways to switch electricity on and off, generating the digital ones and zeroes that encode words, pictures, movies and other forms of data.

Nanotechnology a 'green' approach to treating liver cancer

November 29, 2016

According to the American Cancer Society, more than 700,000 new cases of liver cancer are diagnosed worldwide each year. Currently, the only cure for the disease is to surgically remove the cancerous part of the liver or ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.