SUBMITTED NEWS RELEASE
Truckee Meadows Community College business student Michael Nesbitt was a part of a team that won $10,000 in the recent Nevada’s Center for Entrepreneurship and Technology (NCET) Donald W. Reynolds Governor’s Cup Collegiate Business Plan Competition.
The team won the lieutenant governor’s award for their plan for CH4OICE, a renewable energy small business that would develop an electrochemical process to convert carbon dioxide into renewable methanol, a proven substitute for gasoline. CH4OICE would decrease the levels of carbon dioxide in the air and offer a renewable resource alternative to fossil fuels.
Also participating on the CH4OICE team were team captain Ellen Nesbitt, Jacob Reid and faculty advisor Carl Nesbitt.
TMCC is the only non-university institution in the Nevada System of Higher Education to have students who have been finalists and placed in this competition. The college has had teams win in 2009, 2011, 2012 and 2013.
The Governor’s Cup teaches Nevada’s college and university students the necessary skills to start their own businesses or develop the capabilities to work for others. The competition is open to any Nevada college or university student, and encourages students to use their ingenuity to create the businesses of the future. Nearly $150,000 in cash prizes are awarded annually, thanks to a generous grant from the Donald W. Reynolds Foundation.
For more information about the Governor’s Cup, visit www.ncet.org/governors-cup.
For more information about TMCC, visit www.tmcc.edu.