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 challenging multidisciplinary student teams to develop and present a business plan that leverages high-potential energy technologies. EnergyTech UP awards cash prizes to teams that successfully identify an energy technology, assess its market potential, and propose a strategy for commercialization.
The EnergyTech University Prize (EnergyTech UP), in partnership with American-Made Challenges, is designed to be approachable, equitable, and scalable nationwide. Distinct from many startup competitions, winners will be chosen based on the strength of their proposal, not the strength of their background.
Start by reading the 2023 Competition Official Rules document (we are revising the number and cash amounts of prizes this year, as well as the logistics of the National Pitch Event. We anticipate releasing the 2024 Competition Official Rules document in September 2023. Check back later for more details).
Then explore possible technology opportunities on the Lab Partnering Service
To see the results of the 2023 competition, visit: https://www.herox.com/EnergyTechUP2023
Student teams compete for a total of more than $400,000 in cash prizes as they explore business opportunities for lab-developed or other high-potential energy technologies, assess commercialization opportunities through market analysis, and present a viable business plan to industry judges. Throughout the competition, they receive mentorship and materials to help them succeed.
The top teams will compete for a share of over $100,000 in prizes funded by OTT. In addition, multiple DOE Technology Offices are offering up to $25,000 each in bonus prizes for the best teams in their respective fields.
Understanding that energy is often inherently local, teams first present at a regional event in February 2024, where finalists are identified. Finalists are provided exclusive mentorship and an opportunity to pitch their complete business plan in April 2024.