An energy storage technology company in Shorewood founded by two University of Wisconsin-Milwaukee professors is among 13 startups across Wisconsin selected to compete in the 16th annual Governor’s Business Plan Contest.

The contest takes place June 4 during the Wisconsin Entrepreneurs’ Conference at Venue 42 located inside Milwaukee Brewing Co. in downtown Milwaukee.

SafeLi LLC, founded in 2016 by professors Carol Hirschmugl and Marija Gajdardziska-Josifovska, discovered and patented new materials for lithium ion batteries that can be used for more stored energy, faster charging times and safer batteries used in electric and hybrid vehicles, power tools and consumer electronics.

SafeLi and the other 12 early-stage companies, which were chosen from a pool of about 200 entries, will deliver seven-minute presentations on their businesses ideas. Winners will be announced June 5. Prizes include co-working spaces, brand design services, legal services, financial services, social media and marketing consulting and cash. Read the full story here.