Application submission deadline
- Competition Organizer
US Department of Energy, in conjunction with Florida's universities
- Submission Date
- Awards Date
- Competition Category
- Business - Local U.S.
- Technology - Green
- Who's Eligible
- Competing teams must include at least one Florida-based engineering student. Teams can also be existing Florida-based small technology businesses that generated less than $1M in revenues in 2010, and that employ Florida-based engineering students in key development positions for the duration of the competition.
- Important Dates
The application period opens on January 3, 2011, and closes on March 11, 2011. Ten teams will be selected to advance in the competition on March 21, 2011. These teams will then develop a commercially viable prototype and business plan. Teams will present their plans and prototypes in September 2011. The winning team will be announced in early October, 2011.
- Competition Prizes
The ten finalist teams will each receive $10,000 to develop their prototype.
The grand prize winner will receive $100,000 to launch their new company. They will also be invited to present at NREL's Industry Growth Forum Event.
- Other Info
- The product concepts that are proposed by teams must fall into one of eight categories:
- Renewable energy
- Smart Grid
- Transmission & distribution systems
- Energy storage
- Energy-efficient transportation
- Efficient building technologies
- Energy-efficient materials/composites