The Clean Energy Trust (CET) says it will expand the 2012 Clean Energy Challenge to include student business concepts from across the Midwest region. The $100,000 Student Challenge grand prize, to be awarded March 1 in Chicago, is made possible by a grant from the U.S. Department of Energy.
CET and its anchor partners – Cleantech Open, Nortech, the University of Michigan, Purdue University and Washington University – are collaborating with 16 other Midwestern universities to expand the Clean Energy Challenge to universities throughout the region. Eighteen semi-finalists will be matched with sector experts and experienced entrepreneurs to prepare for the $100,000 Student Challenge in Chicago.
‘The competition enables students from across the region to develop their ideas with the support of experienced mentors,’ says Amy Francetic, CET's executive director. "Industry-leading venture capitalists and strategic investors will select the most promising ideas for funding. We hope this will encourage the next generation of clean energy entrepreneurs and further our mission of making the Midwest a powerhouse of clean energy businesses."
The 2012 Clean Energy Challenge competition is open to businesses and students from Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio and Wisconsin. Applications will be accepted in five categories: renewable energy, low-carbon transportation, smart grid, energy efficiency and carbon abatement. Complete rules and criteria are available here.
Plans may be submitted here from Nov. 1 through Dec. 5.