MIT Clean Energy Prize for University Students: $200,000

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Don’t think you can rise up to the X PRIZE ultracapacitor challenge? Maybe you should go for MIT’s Clean Energy Prize instead.  The competition, which is intended for university students, will award $200,000 to “jumpstart a business venture on an emerging clean energy innovation with significant market potential.”

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Smaller cash prizes will also be awarded for innovations in biomass, renewable energy sources, energy efficiency, clean hydrocarbons and transportation.

Updates on the progress of this year’s teams will be available in the MIT Clean Energy Prize newsletter and on the competition website. Act quickly if you want to get involved— the deadline for submission is February 26.

Photo Credit: NREL

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