GREEN Students Continue Business Competition Success with Win at Arkansas Governor’s Cup

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Date15 Apr 2013
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Picasolar

GREEN Ph.D. students Matthew Young and Seth Shumate with Arkansas Capital Corp. chairman Rush Deacon, Picasolar teammate Trish Flanagan, Arkansas Governor Mike Beebe, Picasolar faculty mentor Carol Reeves, and First Security Bank CEO John Rutledge

Picasolar, a University of Arkansas startup company that includes two GREEN Ph.D. students, won the $25,000 first place prize in the Arkansas Governor’s Cup business plan competition last Wednesday. The company was formed after Seth Shumate, who works with GREEN faculty researcher Hameed Naseem, discovered a patent-pending process to improve the efficiency of solar cells by as much a 15% and potentially save manufacturers millions of dollars per year. Click here to read the full article from The GREEN Research Center for Nanoplasmonic Solar Cells.