BioVantage Resources

Company uses bugs to clean up wastewater and environment

700 Corporate Cir., Ste. H Golden, CO 80401

303-470-8000 | Visit Website

These bugs are cleaning up. Algae are not new, but what they are doing to clean up wastewater and the environment is. In October, BioVantage Resources was named the Sustainability Award winner in the 2010 Rocky Mountain Cleantech Open. Headed by Sue Kunz, the Golden Company specializes in algae production to treat wastewater – municipal, industrial and agricultural – each with its own unique cocktail of algae. The mission of the Cleantech Open is to find, fund, and foster the big ideas that address today’s most urgent energy, environmental, and economic challenges.

Sue Kunz learned of the Cleantech Open from a fellow speaker at a conference.

“This was a great experience. It’s been a powerhouse of mentors and free help through the SBDC, volunteers, and resource partners.”
Susan Kunz

The South Metro Denver SBDC partners with the Cleantech Open to provide four half-day workshops, one-on-one consulting, and feedback on executive summaries, business plans and presentations to venture capitalists and angel investors. The SBDC director and team of nine consultants provided more than 850 hours of consulting with the Rocky Mountain Cleantech Open semi-finalists.“During the course of the program, BioVantage revenues increased by $600,000 dollars,” said Marcia McGilley, South Metro Denver SBDC Director.

In 2010, the company was named “Most Likely to Succeed in the Cleantech Category” by The Silicon Valley Association of Startup Entrepreneurs’ Launch: Silicon Valley 2010 competition. Nearly 400 companies applied for six awards. “For a Colorado Company to win that award is a really big honor,” Kunz said.

BioVantage recently demonstrated its product in Greeley and has raised money to continue its growth. Kunz said she expects to see revenue begin to pour in this year and for BioVantage to reach profitability status by 2012.

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