American-Made Challenges

 3,432

Office of Technology Transitions EnergyTech University Prize

Tasking student teams to develop and present a business plan that leverages lab-developed and other high-potential energy technologies.
stage:
Informational Webinar
prize:
$250,000
Overview

Challenge Overview

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 DOE national laboratory-developed and other 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. Students are encouraged to explore national lab-developed technologies on the OTT Lab Partnering Service.

Start By Exploring Possible Technology Opportunities

View a 90-Second Explainer Video by Deputy Secretary David Turk

Watch a Recording of our Informational Webinar

Prize Structure

Student teams compete for a total of $250,000 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 $100,000 in prizes funded by OTT. In addition, six DOE Technology Offices are offering up to $25,000 each in bonus prizes for the best teams in their respective fields. The six offices include: the Geothermal Technology Office, Solar Energy Technology Office, Office of Nuclear Energy, Office of Fossil Energy and Carbon Management, Building Technology Office, and the Water Power and Technologies Office.

Understanding that energy is often inherently local, teams first present at their closest regional events in January 2022, where regional winners are identified. First-place regional winners are provided exclusive mentorship and free access to OTT’s Energy I-Corps curriculum to help students refine their ideas throughout February and March. Finally, the regional winners pitch their complete business plan at Carnegie Mellon University’s (CMU’s) Energy Week, hosted by CMU’s Scott Institute in March 2022.

 

 

Important Dates

  • October 4, 2021: EnergyTech UP launches and Explore Phase opens
  • January 2022: Explore Phase closes and teams pitch at regional events
  • January 2022: Refine Phase opens for regional winners
  • March 2022: Refine Phase closes
  • March 24, 2022: Pitch Phase opens and teams pitch at CMU Energy Week
  • March 2022: Winners announced
Guidelines

Challenge Guidelines

Who can participate?

The EnergyTech UP Prize invites teams consisting of at least three collegiate students that meet the following criteria:

  • All participating students must be enrolled in an accredited collegiate institution. Students must be enrolled in at least one class and be pursuing a degree throughout the duration of the competition.
    • For the purposes of this competition, “collegiate institution” refers to a school of post-secondary or higher education, including but not limited to community colleges, colleges, and universities. Collegiate students of any level are eligible to compete. Teams with students from multiple universities are allowed, and multiple teams from the same university are allowed. Individual students may be members of only one team.
  • The team captain and HeroX account holder for the team submission must be a U.S. citizen.
    • Teams may represent U.S.- or non-U.S.-based accredited collegiate institutions, provided the team captain is a U.S. citizen.
    • For teams representing non-U.S.-based accredited collegiate institutions, the team captain and all team members must be U.S. citizens.
  • Members of the expert reviewer panels, competition administrator staff, and DOE and national laboratory employees are ineligible to compete.
  • Teams are encouraged to have at least one faculty advisor, but this is not required for participation. The faculty advisor is not an official team member and does not count toward the minimum requirement of three participating students per team.
  • Teams are encouraged to ensure that their team is multi-disciplinary so that the team consists of students from all disciplines needed to produce the final submission package.
  • By uploading a submission package, a team self-certifies that it is in compliance with the eligibility requirements. If the competition administrator becomes aware that a team or individual is not eligible, that team may be disqualified from the competition.

Please review the official rules (once released) for detailed information on the application process and instructions for competing.

Timeline
Updates 3

Challenge Updates

How to Get Started in the EnergyTech University Prize

Nov. 9, 2021, 9 a.m. PST by Jackie Petre

Interested in competing in the inaugural EnergyTech University Prize? 

Get started with these simple steps:

  1. Follow the Prize: Create a HeroX account and follow the prize to get updates about deadlines, events, and updates. You can also create a team to secure your spot in the competition.
  2. Explore Possible Technology Opportunities: View potential energy technologies from the U.S. Department of Energy and see what inspires you to develop a business plan. Plans can leverage these technologies or any other relevant technology developed by the national labs, by your school, or that is of interest to your team.
  3. Develop a Business Plan: Start crafting a business plan with your teammates.
  4. Plan to Participate: Prepare to present your concept at a regional event in late January 2022!

Details are forthcoming on regional event locations. Stay tuned for more information. In the meantime, we highly encourage everyone who is interested in participating in EnergyTech UP to take the steps listed above to prepare for the first phase of competition in late January 2022. 

We look forward to your participation in this exciting competition!


EnergyTech UP Resources Available for Students, Schools, and Partners

Nov. 1, 2021, 2:04 p.m. PDT by Jackie Petre

The EnergyTech UP prize administrators have made several resources available on HeroX to answer questions and help students get started.

Under the “Resources” tab on the EnergyTechUP HeroX website, you can find the following resources: 

Looking for additional resources? The official EnergyTech UP rules will be posted in the coming weeks. Follow the competition at the top of this page to receive an update as soon as the rules are available. 

If you have a specific question about the competition, you can post a topic in the forum, where the prize administrators and others in the community can respond publicly, or email

Check out the resources above and stay tuned for more details on the EnergyTech University Prize!


Now Streaming: The EnergyTech University Prize Informational Webinar Recording

Oct. 21, 2021, 3:33 p.m. PDT by Jackie Petre

You can now watch the EnergyTech University Prize Informational Webinar recording to catch up on what you missed!

On Oct. 20, the U.S. Department of Energy’s (DOE’s) Office of Technology Transitions (OTT) EnergyTech University Prize (EnergyTech UP) kicked off the competition with an informational webinar. During this presentation, experts from OTT and the National Renewable Energy Laboratory talked about the goals, structure, and timeline of this competition, including next steps for getting involved. Watch the recording and view the presentation slides to learn more.

Sponsored by OTT at DOE, EnergyTech UP is a collegiate competition challenging multidisciplinary student teams to develop and present a business plan that leverages DOE national laboratory-developed and other 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.

Student teams compete for a total of $250,000 in cash prizes as they explore business opportunities for 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 competition gives students the opportunity to learn, lead, and grow, offering cash prizes to winners based on the strength of their proposal, not the strength of their background. 

Interested in competing? Get started by following the competition here on the HeroX platform, watching the informational webinar recording, and exploring possible technology opportunities.

We hope to see you as a competitor in the inaugural EnergyTech University Prize!


Forum 3
Teams 119
Resources
FAQ