Deadline: 30-Mar-22
Applications are now open for the 2022 CleanTech Challenge to identify and reward innovative clean technology ideas that have been taken from a concept phase to a stage in which they would ideally attract Series A funding or otherwise be self-sustainable.
The CleanTech Challenge is a global business plan competition for students with innovative clean technology ideas, jointly hosted by the London Business School and University College London. It began in 2011 and has been run successfully for the past 10 years. Winners of the international chapters compete as finalists in the UK competition.
Great Cleantech technologies emerging from research often flounder through lack of good commercial input early on. Meanwhile, management schools have many entrepreneurial students who are worried about the environment but who lack impactful ideas to work on. To bridge this gap, the interdisciplinary competition was created.
Topics
- Maturity of technology
- Cost & Scalability
- Feasibility of implementation
- Revenue streams
- Target market
- Competitive advantage
- Social acceptability
- Alignment with government policies
Benefits
The winner(s) of the CleanTech Challenge will receive a cash award of £7,500+. This prize may be split among teams upon the recommendation of the Judges and at the discretion of the CTC Organizing Committee, for instance in the case of a tie. The winners and all finalists attending the Boot Camp will get:
- Feedback on their ideas from world class clean technology venture capitalists
- Introduction to a network of clean technology entrepreneurs, investors and potential partners
- Mentoring by experienced professionals
What to Expect?
- 500 Entries – They judge hundreds of applications every year
- £10,000 Prize Fund – Access to world class clean tech venture capitalists
- Investor Network – Get mentoring from the best clean tech entrepreneurs
Eligibility Criteria
- The Challenge is open to all current university students (undergraduate, postgraduate and doctoral) at a recognised Higher Education Institution anywhere in the world. “Current” means students who were enrolled in a degree programme as of the start of the competition, on 1 January 2020.
- They do accept ideas that have been developed in collaboration with individuals who are not students (or no longer students). However, each team of 2-5 people that competes in the Challenge must entirely be comprised of students. They allow — and encourage — participants to seek external input into the development of their ideas, as the aim of the competition is to help students further develop and refine their ideas.
For more information, visit https://thecleantechchallenge.uk/
