Students Showcase Business Plans and Energy Technologies for Cash Prizes
Angela Keane Sep 25, 2013
Ridges Building 22, Room: 221
Fri, Dec 13 12:00 PM
Angela Keane September 25, 2013
The University Clean Energy Alliance of Ohio (UCEAO) officially released the 2014 Ohio Clean Energy Challenge application at the beginning of September. The Clean Energy Challenge is designed to engage university or college students interested in energy technology and entrepreneurship students who are interested in creating an innovative, clean energy business plan.
During this competition, students will showcase their business plans and energy technologies, receive feedback from industries and universities, gain exposure to the capital and funding community, and have the chance to compete for cash prizes.
At the competition, students will be pitching their ideas to a panel of judges and to a live audience. The top performing team at the Ohio competition will receive $10,000 and advance on to the Midwest Regional Competition for a chance to win the $100,000 grand prize, and a spot in the national competition in Washington, D.C.
Building on last year's successful challenge, Jane Harf, the director of UCEAO, wants to see more teams participate this year. "Last year we had teams from eight institutions. I would like to see more private colleges and community colleges participate, and perhaps have some institutional partners. I would also like to see some of the teams from last year come back—very often a team has to participate in more than one competition to win," she said.
This challenge is a great opportunity for students to have a chance to gain valuable experience, make connections with clean energy professionals, receive mentorship from successful entrepreneurs and technical experts, and have an opportunity to receive funding for their clean energy ideas.
"The most exciting thing is knowing that we are building a community of student entrepreneurs in clean energy—that this isn't just a "contact"—it is a program that will have a lasting effect on the students and on their ability to translate great ideas into real life solutions to complex energy problems," Harf said.
The Ohio Competition is set to take place January 29, 2014 at the Cleveland State University in Cleveland, Ohio. More information can be found at http://www.uceao.org/challenge.