The CleanTech challenge is a global competition for innovative clean technology business ideas.
The winners go on to receive £10,000. All participants will gain opportunities to network, receive guidance, feedback and mentoring, and sharpen their entrepreneurial skills while addressing environmental challenges.
Successful participants will be part of a multi-disciplinary team, join a global network of engineering and business students, and contribute to a sector that’s of vital importance.
The winners and all finalists attending the Boot Camp will get:
- Feedback on their ideas from world class clean technology venture capitalists
- Introduction to a network of clean technology entrepreneurs, investors and potential partners
- Mentoring by experienced professionals
- Access to exclusive seminars
Launched in 2009, the CleanTech Challenge is a student competition jointly hosted by London Business School and University College London, where students from business and engineering schools compete in cross-functional teams.
The CleanTech Challenge is an international business plan competition for innovative clean technology product ideas. It brings together business and technical students to create viable start-ups. Teams compete over three rounds for the £10,000 prize, awarded at the two-day Bootcamp finals in London. Entrants are mentored by industry experts from the cleantech, entrepreneurial and related sectors.
The Challenge begins with students submitting and idea for a new green business. The most viable start-ups will be invited to a 2-day bootcamp where they will be mentored by industry experts from the cleantech and entrepreneurial sectors.
Although there are no specific exclusions cited within the programme guidelines, those wishing to apply are advised to liaise with the funding provider in the first instance to discuss eligibility.
The Challenge is for university students only, and is targeted at those currently undertaking a postgraduate degree (Masters or Doctoral) in a business, science or engineering discipline at a recognised Higher Education Institution anywhere in the world.
The sponsor will accept ideas that have been developed in collaboration with individuals who are not students (or no longer students). However, each team of 2-5 people that competes in the Challenge must entirely be comprised of students.
The sponsor requires ideas that have the “potential to make a significant environmental impact.” If the idea falls in this definition, it can be considered “clean tech.” CleanTech includes (but is not limited to) the energy, waste treatment and agriculture sectors.
Match funding is not a stipulated requirement of this programme.
Costs associated with eligible projects.
This is an annual programme. The competition runs from November through to April. Participants receive guidance, feedback and mentorship from industry professionals throughout the Challenge. 10 finalist teams compete in live “Boot Camp” finals in London for £10,000 in cash.
The 2017 CleanTech Challenge Timeline
- 10 November 2016 – CleanTech Challenge Kick-off event
- 1 December 2016 – 1st Workshop: Team Building/Speed matching Workshop
- January 2017 – 2nd Workshop: How to build your team
- 31 January 2017 – 1st Round Submission Deadline
- February 2017 – 3rd Workshop: Financing
- 28 February 2017 – Second Round Submission Deadline
- 16 March 2017 -Final presentations and second round judging
- 29 March 2017 – Bootcamp qualification announcement
- 27 April 2017 – CleanTech Challenge Bootcamp
Further advice and assistance with submitting an application may be sought directly from the sponsor.