Vartega wins Outstanding Venture Award at NREL Industry Growth Forum

 Photo by Dennis Schroeder, NREL

Photo by Dennis Schroeder, NREL

NREL Brings Together Clean Energy Innovators

Event recognizes top startup businesses and clean energy technologies

The Industry Growth Forum, hosted by the Energy Department's National Renewable Energy Laboratory (NREL), this week attracted more than 400 investors, entrepreneurs, technologists and thought leaders to Denver, Colo.

The convergence of R&D success, entrepreneurial innovation, and a receptive investment community will accelerate advanced energy technologies into the marketplace. Relationships built and information shared at the Industry Growth Forum are vital to the advancement of these technologies.  We are pleased to be able to leverage the convening power of the laboratory to facilitate this essential discourse.
— Bill Farris, NREL Associate Laboratory Director for Innovation, Partnering and Outreach

Three entrepreneurial companies were singled out from the 30 competitively-selected presenters to win the 2017 Clean Energy Venture Awards. Award winners will receive in-kind commercialization support to help increase their chances of becoming commercially successful.

One of the Outstanding Venture awards went to Vartega Carbon Fiber Recycling. This Golden, Colo. based company has developed a chemistry-based process to recycle uncured carbon fiber manufacturing scrap and expired material.

US Senator Michael Bennet attended the event on Thursday and offered his remarks at the Networking Luncheon.

Clean energy creates jobs. Take Vartega – a company that got started just west of here in Golden. They pioneered a process to recycle carbon fiber that uses 90 to 95 percent less energy. That means thousands fewer tons of material waste in our landfills each year, reduced energy consumption, and big savings for business…

This innovative work has far-reaching benefits to our economy... That is why I am going to continue to fight for robust support for our federal labs and entrepreneurs like you all who are helping to power a transformation in how we use energy as a country.
— Senator Michael Bennet

The forum is managed by NREL's Innovation & Entrepreneurship Center (IEC), whose mission is to foster an ongoing and extensive connection with the early-stage business community. NREL is the U.S. Department of Energy's (DOE) primary national laboratory for renewable energy and energy efficiency research and development. NREL is operated for DOE by The Alliance for Sustainable Energy, LLC.

For a list of participating companies and sponsors, please visit the Industry Growth Forum online at www.industrygrowthforum.org

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