EnergyTech University Prize Open to Students. Register by Dec. 6
Sponsored by the Office of Technology Transitions (OTT) at the U.S. Department of Energy (DOE), the EnergyTech University Prize (EnergyTech UP) is a collegiate competition that challenges multidisciplinary student teams to develop and present business plans about high-potential energy technologies developed by DOE national laboratories or other research centers. EnergyTech UP awards cash prizes ($370,000 available) to teams that successfully identify an energy technology, assess its market potential and propose a strategy for commercialization. Distinct from many other startup competitions, winners will be chosen on the strength of their business plans rather than their individual team members’ ability to start a business, and teams are not expected to go on to run a business based on their plan.
This challenge is designed to be approachable, equitable and scalable, allowing students with or without a background in energy or business to successfully compete. Students that choose to participate will receive the resources and guidance needed to contend with schools across the country.
How students can get started:
- Register for the informational webinar on December 6 at 3:00pm that will provide an overview of the 2023 EnergyTech University Prize competition.
- Follow the competition on the HeroX platform for competition updates
- Read the 2023 Competition Official Rules document
- Start to explore possible technology opportunities on the Lab Partnering Service
- Register and submit an idea by the Jan. 26, 2023, deadline!
To see the results of the 2022 competition, visit: https://www.herox.com/EnergyTechUP2022/teams
The sponsors are hoping to have a strong presence from Virginia Community Colleges this year. Please encourage your students to participate in this outstanding opportunity to build their portfolios and network with professionals in their fields of interest.
Submitted by:
Dana Fallon, Director of Career Services, DFallon@nvcc.edu