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Wednesday, May 9, 2012

Canada:

2012 Pierre Péladeau Bursaries: New Geothermal Business Nets $30,000 (4-traders)

For the 13th consecutive year, Quebecor, a media company operating from Québec, is rewarding the best business projects entered in the Pierre Péladeau Bursaries competition. Three young Québec entrepreneurs will share $100,000 to help them realize their dream and build the Québec of the future.

The 2012 Second Pierre Péladeau Bursary, worth $30,000, goes to Therbec Énergie, founded by François-Mathieu Potvin, who holds a Ph.D. in mechanical engineering from Université Laval. Therbec is planning to market a cutting-edge new thermodynamic process to boost output at geothermal plants. The revolutionary thermal process can be introduced at existing power plants.