CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
10 big ideas for 2007
A look at the best innovations coming from small businesses next year.
Back to story
Street-smart filters for rainwater
Street-smart filters for rainwater
AbTech Industries
abtechindustries.com

The U.S. Environmental Protection Agency has ordered that all cities with populations of more than 10,000 must stop grease- and oil-contaminated stormwater from running into lakes, rivers and other waterways by 2008. To combat such pollution, cities such as Chicago are already spending as much as $3 billion to build huge underground reservoirs and tunnels where rainwater can be treated. But in early 2007 a Scottsdale startup will begin selling a more cost-effective solution, one that easily fits into a city's existing sewer system.

AbTech Industries has spent seven years and $16 million developing its Smart Sponge filtration technology. The sponge, made from the same plastics found in automotive dashboards and sneakers, can be molded to fit any catch basin, drain or pipe. It absorbs oils, PCBs and other toxins while allowing water to pass through. The contaminants permanently bond to the sponges, which can be thrown away without harming the environment (or even recycled). Depending on the location, the sponges must be replaced every one to three years.

More than a dozen cities and Newark Liberty International Airport already line their drains with the Smart Sponge, which catches pollutants leaked from cars and planes. AbTech's latest version, due to hit markets in mid-January, comes dipped in an anti-microbial coating that destroys bacteria as well. AbTech has been testing the new sponge since 2004, lining 1,950 storm drains near the shore of Southern California, where high levels of E. coli and enterococcus bacteria sicken nearly 1.5 million swimmers each year and force cities to close beaches. On average, the Smart Sponge has killed 75 percent or more of these types of bacteria and costs about one-tenth the price of systems currently used to clean up polluted water. (Most cities either route contaminated seawater through a filtration plant or set up large lamps along the beach, which destroy bacteria by shining ultraviolet rays into the water.) --Maggie Overfelt
Battle of the business plans Startups operating on the cutting edge dominated FSB's fourth annual student business plan contest. Meet the winners and runners-up. (more)
6 offbeat schools Throw knives! Be a spy! Learn some unusual skills in these classes. (more)
Where are they now? The winners of last year's FSB business-plan competition are growing rapidly. Here's an update. (more)
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.