NovoMoto—an innovative startup co-founded by two University of Wisconsin–Madison engineering graduate students—won third place and $20,000 in the U.S. Department of Energy’s 2016 Cleantech University Prize National Competition on June 23, 2016.

Aaron Olson and Mehrdad Arjmand, NovoMoto co-founders and PhD students in engineering mechanics, competed against 20 other semifinalist teams in the national competition, which was held at Metropolitan State University of Denver. The teams pitched their clean energy commercialization plans to a panel of judges, vying for $100,000 in prizes. Read the full story here.