MIT Clean Energy Prize
Forecasted
MIT Clean Energy Prize supports university teams developing clean-energy startups, funding business plans in renewable energy, efficiency, and infrastructure to help bring innovations to market.
Funder: Massachusetts Institute of Technology
Due Dates (Anticipated): March 2027 (Application deadline)
Funding Amounts: A reported competition awarded $320,000 across five teams, including category prizes of $20,000 each
Summary: A student-run business-plan competition helps university teams develop clean-energy startups and bring innovations to market.
Key Information: Open to teams from any American university.
Description
The MIT Clean Energy Prize is a student-run energy business-plan competition run by MIT and co-sponsored by NSTAR and the U.S. Department of Energy. It gives clean-energy entrepreneurs a platform to develop startups, present their ideas, and advance technologies toward market use.
The competition recognizes work in renewable energy, energy efficiency, and infrastructure and resources. Projects highlighted by MIT have included solar-panel technology and design, an off-grid generator, and software to reduce building energy use. Participants also gain experience in running a business and commercializing a product.
