Porifera’s business plan was chosen as the Runner-up in the Air, Water and Waste category at the 2008 California Cleantech Open business plan competition. Clean Tech Open is a catalyst for clean tech innovation. A non-profit organization founded in 2006, it provides today’s clean tech innovators with the tools, training and connections they need to become tomorrow's viable clean tech businesses. The core of CTO is an annual business competition, supported by expert volunteers and mentors, that provides entrepreneurs with the crucial business training, services and insights they need to go to market successfully. CTO has assisted over 100 companies raise more than $120 million in external funding, and has spurred the creation of hundreds of jobs in California. Fueled by a network of over 400 volunteers and sponsors, CTO unites the public and private sectors in a shared vision for making America's clean tech sector a thriving economic engine. Past alumni successes include Adura Technologies, Cool Earth Solar and GreenVolts. To learn more, visit: www.cleantechopen.com.

“We are grateful to the support that Clean Tech Open has and continues to provide to us”, said John Colombo, Porifera’s Director of Business Development who led Porifera’s entry to the business plan competition.

Porifera Inc. is a San Francisco Bay Area based company whose goal is commercialization of carbon nanotube membrane technology. Porifera combines groundbreaking research advances with solid technological and marketing expertise to develop solutions that will revolutionize the membrane industry and provide clean drinking water and air free of pollutants.