SEATTLE, Oct. 12, 2011 /PRNewswire/ -- Mantra Venture Group Ltd. ("Mantra") (OTC.BB: MVTG) (Frankfurt: 5MV) is pleased to announce that Mantra has been selected by Foreign Affairs and International Trade Canada and the Consul General of Canada in Denver to take part in the Canadian Cleantech Colorado Connection (C4) Initiative.
The C4 Initiative is designed to assist Canadian Cleantech entrepreneurs to grow their business internationally. The C4 Initiative was developed by the Trade Commissioner Service in Denver in collaboration with the National Renewable Energy Laboratory (NREL). NREL is the only federal laboratory dedicated to the research, development, commercialization and deployment of renewable energy and energy efficiency technologies. Other key partners include Posit Partners, Katten Muchin Rosenman LLP, Clean Launch and the Colorado Cleantech Industry Association.
C4 is designed to help innovative and emerging clean-tech companies to reduce the risks of bringing their technologies to market and to connect with strategic partners and investors. Companies must have applied by August 26, 2011, and must have met the following criteria:
- Focus on clean, renewable and energy-efficient technologies;
- Be headquartered in Canada;
- Have high growth potential;
- Possess disruptive technology, usually characterized by IP;
- Have a management team that can execute and persevere;
- Possess a completed business plan;
- Communicate how your investors will profit
The Initiative will be taking place early November 2011 in Denver, Colorado.
To learn more about this initiative please visit. http://www.tradecommissioner.gc.ca/c4
"We are very excited to have been included in this elite group of cleantech entrepreneurs," stated Larry Kristof, President and CEO of Mantra. "This further reinforces our presence in this market place and it demonstrates acceptance and recognition of our cutting edge technology," further stated Kristof.
About Mantra Venture Group
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 5MV.
Stay up to date with Mantra on Twitter: www.twitter.com/mantraenergy
Forward-Looking Statements: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Mantra Venture Group Ltd.
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