University of Arkansas Sweeps Top Three Graduate Division Spots at Governor’s Cup

Picasolar

Picasolar is congratulated by Arkansas Gov. Mike Beebe and state business leaders for winning the graduate division at the Donald W. Reynolds Governor’s Cup. Matthew Young (from left to right), Picasolar; Seth Shumate, Picasolar; Rush Deacon, chairman, Arkansas Capital Corp.; Trish Flanagan, Picasolar; Beebe; Carol Reeves, faculty mentor, Picasolar; and John Rutledge, CEO, First Security Bank.

Picasolar, a team from the University of Arkansas that has developed a patent-pending process to improve the efficiency of solar cells, took the $25,000 first place prize Wednesday in the graduate division at the Donald W. Reynolds Governor’s Cup collegiate business plan competition.     Picasolar led a U of A sweep of the top three places in the graduate division in the 13th annual competition. HomeDx finished second and won $15,000. EverClean Coating Solutions LLC was third and took home $10,000, in addition to winning $5,000 for taking first in graduate division for the most innovative business plan. Click here to read the full article from the University of Arkansas.