A California company that designed a personalized residential energy management solution for heating, ventilation and air conditioning won the business plan competition this year in the Cleantech Open.

Selected from the 12 finalists, EcoFactor (www.ecofactor.com) will receive $100,000 in seed money and an additional $150,000 in business services.

The Cleantech Open is a business competition created to find, fund and foster startup clean technology companies. Winnders were announced this week at the annual Cleantech Open Expo and Awards Gala in San Francisco. Dubbed the “Academy Awards of Clean Technology,” the event marks the grand finale of the Cleantech Open’s yearlong business competition.

Read the entire story at Reuters.