The Clean Energy Challenge is an annual, first-in-class business competition that awards cash prizes to top cleantech entrepreneurs in the Midwest. Applicants compete in two tracks: Early Stage Business and the Student Challenge reserved for the best university spinouts from top tier Midwestern research institutions. Early Stage companies will compete for $100,000 in prizes. The Student Challenge offers an additional $100,000 Grand Prize and five (5) $10,000 runner-up prizes.
Teams competing in the Student Challenge will vie for an opportunity to compete in the U.S. Department of Energy’s first-ever national business competition for university students. Eligibility is limited to applicants from Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio, Kentucky and Wisconsin. One team will receive the $100,000 Grand Prize and advance to the National Grand Prize competition in Washington, D.C. in the summer of 2012.
Applications will be accepted beginning November 1st, 2011. The deadline for submission is December 5th, 2011.