U.S. Department of Energy - Energy Efficiency and Renewable Energy
ThrougH spring and early summer 2012, six Regional Clean Energy Business Plan Competitions will take place across the country—representing all of the United States' distinct regions.
The Six Regional Competitions
Northeast Region Winner: Massachusetts Institute of Technology (Cambridge, MA) This awardee, which has successfully run the DOE and NSTAR sponsored MIT Clean Energy Prize for the past four years, will continue to build upon its renowned competition by actively engaging student energy communities throughout the Northeast, working to create a regional ecosystem of energy entrepreneurs, and by sharing and refining best practices with the other regional competitions.
Southeast Region Winner: University of Maryland (College Park, MD) The ACC Clean Energy Challenge will use the competitive nature of a collegiate sports conference as a model build off an existing foundation of clean energy research and entrepreneurship programs to catalyze student innovation across the southeast region.
Eastern Midwest Region Winner: Clean Energy Trust (Chicago, IL) This competition, Clean Energy Student Challenge, will capitalize on experience from three existing competitions including the Clean Energy Challenge, the Cleantech Open, and the Michigan Clean Energy Venture Challenge. The competition will also draw heavy support from regional researchers, venture capitalists, industry leaders, and entrepreneurs.
Western Southwest Region Winner: Rice University (Houston, TX) This project will take its existing world class Rice Business Plan Competition (RBPC) and create the DOE Clean Energy Prize, institutionalizing a sustained clean energy track within the RBPC while leveraging the existing resources—more than $1 million in prizes and over 250 judges—to catalyze clean energy technologies in the entire region.
Western Midwest Region Winner: University of Colorado (Boulder, CO) This competition supports the University of Colorado—Boulder's CU Cleantech New Venture Challenge, an annual student-based cleantech competition that helps develop partnerships between regional entrepreneurs and innovators with universities, national laboratories, and other organizations.
Western Region Winner: California Institute of Technology (Pasadena, CA) This competition, First Look West (FLoW), will adopt the best practices and draw on the success of various other existing regional competitions. It will be administered by the California Institute of Technology, in partnership with University of Southern California and University of California—Los Angeles.
The regional competitions will be completed by May 1, 2012. Panels of expert judges will select a winning team from each region to advance to the finals. The six regional winners will each receive $100,000 in DOE prize money and a chance to compete for a National Grand Prize at a competition held at the Department of Energy in Washington, D.C., in early summer 2012.