2009 Clean Tech Open Deadline is May 30

Clean Tech Open

May 30th is the deadline for the 2009 Clean Tech Open, a business plan competition that will provide more than $1 million in prizes for early-stage clean technology startups.  Over the past three years, the Clean Tech Open has helped more than one hundred start-ups raise more than $125 million in funding.

This year's competition includes two new regional competitions in addition to its previous California competition: the Rocky Mountain region (including Colorado, Montana, New Mexico, Utah and Wyoming) and the Pacific Northwest region (including Washington, Oregon and Idaho).

Startups can submit entries in these categories: Air/Water/Waste, Energy Efficiency, Green Building, Renewable Energy, Smart Power, and Transportation.  Entrants will initially compete for regional prizes: $100,000 in cash and services to each of six winners in California; cash and services worth $50,000 to each of the three winners in both the Pacific Northwest and Rocky Mountain regions. These 12 regional winners will then be placed in a national competition, with a Grand Prize winner to receive $250,000 in cash and services.

For more information:

List of Green and Social Venture Funding Sources Expanded

Just a brief note — the list of funding sources on Green VC has been recently expanded and now provides information in the following areas:

These resource pages are being updated on a regular basis — contact us with any feedback or suggestions.  Thanks!

MIT Clean Energy Entrepreneurship Prize to Award $200,000 Top Prize

MIT Clean Energy Entrepreneurship Prize

The MIT Clean Energy Entrepreneurship Prize is a new social venture business plan competition to support clean energy entrepreneurs.  It is sponsored by MIT, NSTAR Electric & Gas Corporation and the United States Department of Energy (US DOE).  In addition, the MIT Energy Initiative (MITEI) has played a key role in the development of this competition.  According to MIT President Susan Hockfield, "The ultimate goal of this contest is to find innovative solutions to transform today’s energy systems into tomorrow’s sustainable energy future."

The MIT Clean Energy Entrepreneurship Prize builds upon the foundation of two existing competitions — the MIT $100K Entrepreneurship Competition and the Ignite Clean Energy (ICE) Competition — and creates a new unified process for student and professional clean energy entrepreneurs.  Applications can be submitted beginning on January 15, 2008 and may be submitted until February 15.  Prizes that will be awarded in May, 2008 will be:

  • MIT Clean Energy Entrepreneurship Prize:
    $200,000 in cash to the best overall team
  • MIT $100K Energy Award:
    $20,000 in cash plus in-kind assistance  to the best MIT Student Team
  • ICE Awards:
    $20,000 in cash plus in-kind assistance to the best Student Team
    $20,000 in cash plus in-kind assistance to the best Professional Team

For more information: