The Perovskite Startup Prize administrators just published a rules update that incorporates a new way for participants to earn a cash prize. The Power Up Prize, a new part of the Countdown Contest, creates the opportunity for companies to receive $40,000 for submitting a compelling innovation that was not selected as a Countdown Contest finalist submission.
The Power Up Prize is evaluated under the same criteria as the Countdown Contest and is awarded to teams that present a compelling innovation but need further refinement of their technology and/or business plan. Recipients of the Power Up Prize are encouraged to use their funds to iterate on their technology and/or business plan for future deadlines of the Perovskite Startup Prize.
Participants are still highly encouraged to submit a perovskite technology that is capable of becoming a Countdown Contest finalist, earning $200,000, and advancing in the competition. There are only 1-2 Power Up Prizes anticipated at each deadline.
For full details and eligibility requirements on the Perovskite Startup Prize, including the addition of the Power Up Prize, please read the official rules.
Don’t forget to upload your submission by this Thursday, July 28, at 5 p.m. ET.
