Clean Energy Entrepreneurship Prize = $100,000

Date: October 27, 2009

Do you ever contemplate starting a "Green" energy business?  Ever want to win a chunk of $100,000 in total prize money?  Are you a student at a college or university in Michigan? 

If so, check this out:

The DTE Clean Energy Prize (CEP) aims to encourage economic development in Michigan and capture university-born ideas for advancing the energy industry.  The award will recognize the team that conveys the greatest potential to transfer applicable technology into practical business development.  All entrants' proposed businesses must be based upon a technology, product, or service in a clean energy focus area.

Focus Areas:

• Renewable Energy, e.g. solar, wind, biomass, biofuels, hydro
• Energy Efficiency and Demand Response, e.g. smart grid, green building
• Environmental Control Technologies, e.g. carbon capture, nuclear energy
• Energy Storage, e.g. battery storage, plug-in hybrid electric vehicles and infrastructure

The DTE Clean Energy Prize is a multi-round competition during which teams pitch their businesses to panels of professionals serving as judges.  All students who write a complete executive summary for their proposed business will compete in Round One of the CEP.  Those that advance to Round Two, Semi-Finals, and Finals will write a marketing and financial overview for their company and finish a complete business plan.  Teams interested in competing for the CEP must submit the Intent to Compete form and a three page executive summary by 8am on November 20, 2009.