Alumni take 2nd Place and $100k at the Accelerate Michigan Competition

Shannon Beeman
November 16, 2013

University of Michigan alumni Vince Alessi, Founder and CSO, and Cameron Smith, Co-founder and CFO, were awarded the second place prize of $100,000 for their company, Covaron Advanced Materials, at the Accelerate Michigan Competition.

Covaron Advanced Materials is a seed-stage company that explores the characteristics and uses of various materials to be employed in science and technology with a patent-pending, new-to-the-world  product: thermosetting ceramics. Thermosetting ceramics focus on improving the materials used in the oil and gas recovery industry, which has increasingly high temperature and pressure environments.

For more information about the competition, click here.