#1 cleantech news, reviews, & analysis site in the world. Subscribe today. The future is now.

Clean Power clean energy business competition

Published on April 30th, 2012 | by Zachary Shahan


Finalists in DOE’s 1st Ever Clean Energy Business Plan Competition to be Announced

April 30th, 2012 by  

clean energy business competition

The Department of Energy (DOE) this year launched its first-ever business plan competition for clean energy. The first such competition, First Look West (FLoW), has been coordinated with Caltech and is looking to spotlight the best young innovators in the country. Top innovators have a chance to win $100,000, $60,000, or $40,000 as well as “mentoring programs, legal start-up packages, and the opportunity to pitch to investors who can help student entrepreneurs transform innovative ideas into commercial reality.”

The competition’s 30 or so finalists (out of 83 teams from 34 universities) will be announced today and tomorrow at Caltech. These finalists will all be “automatically accepted into the Green Technology Entrepreneurship Academy (GTEA), offered by the Child Family Institute for Innovation and Entrepreneurship, at UC Davis, June 25 – 27, 2012.”

The top 3 FLoW finalists will be semifinalists in the 2012 Cleantech Open competition.

“The FLoW competition is one of six awarded regionally as part of a three-year, $2 million DOE program,” the clean energy competition’s website states. “The winning teams from six regions will compete at a competition held at the Department of Energy in Washington, D.C. in June 2012.”

I’m curious to see the proposals/ideas of the 30 or so finalists. Keep an eye on the FLoW page to check them out yourself.

Tags: , , , , , , , , , , , ,

About the Author

Zach is tryin' to help society help itself (and other species) with the power of the word. He spends most of his time here on CleanTechnica as its director and chief editor, but he's also the president of Important Media and the director/founder of EV Obsession and Solar Love. Zach is recognized globally as a solar energy, electric car, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, and Canada. Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.

Back to Top ↑