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2023 EnergyTech University Prize Explore Event – California Region
February 23, 2023 @ 4:00 pm - 7:00 pmFree
Hear student teams from the California region present their business plans for the EnergyTech University Prize
Sponsored by the Office of Technology Transitions (OTT) at the U.S. Department of Energy (DOE), the American-Made EnergyTech University Prize (EnergyTech UP) is a collegiate competition challenging multidisciplinary student teams to develop and present a business plan that leverages National Laboratory-developed or other high-potential energy technologies, including university-developed technologies or other technologies of interest to student competitors. 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. EnergyTech UP, in partnership with American-Made Challenges, is designed to be approachable, equitable, and scalable nationwide. Winners will be chosen based on the strength of their business proposal.
Student teams compete for a total of $370,000 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.
This first level of competition is the California regional level for a share of $45,000. Then, the top teams move on and compete for a share of $100,000 in prizes funded by OTT. In addition, eight DOE technology offices are offering up to $25,000 each in bonus prizes for the best teams in their respective fields. The offices include:
- Building Technologies Office
- Geothermal Technologies Office
- Office of Electricity (offering two technology bonus prizes)
- Office of Fossil Energy and Carbon Management
- Office of Nuclear Energy
- Office of Technology Transitions
- Solar Energy Technologies Office
- Water Power Technologies Office.