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[Massachusetts Institute of Technology](https://web.mit.edu)

March 2027 (Application deadline)

A reported competition awarded $320,000 across five teams, including category prizes of $20,000 each

A student-run business-plan competition helps university teams develop clean-energy startups and bring innovations to market.

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. --- ## Due Dates - March 2027 — Application deadline (anticipated). *All dates are projected based on the annual cycle; check the program page for updates.* --- ## Funding Amount In the competition reported by MIT, five teams received $320,000 in total. Each of the three category finalists received $20,000; the Audience Choice Award was $10,000. One team won both grand prizes: the $100,000 DOE Energy Efficiency and Renewable Energy Clean Energy Prize and the $150,000 NSTAR MIT Clean Energy Prize. These are reported awards, not confirmed amounts for the anticipated cycle. --- ## Eligibility Eligible applicants must: - Apply as a team from an American university. - Develop a clean-energy startup or innovation. - Work in renewable energy, energy efficiency, or infrastructure and resources. --- ## Application Process - **Format:** The prize is a student-run energy business-plan competition. - **Program information:** Check the [MIT Clean Energy Prize article](https://energy.mit.edu/news/funding-clean-energy-solutions/) for information about the competition. --- ## Additional Information In the competition reported by MIT, more than 50 teams entered and 15 became semifinalists. MIT reported that past participants had gone on to raise a total of $130 million in funding. --- ## External Links - [MIT Clean Energy Prize article](https://energy.mit.edu/news/funding-clean-energy-solutions/) - [MIT homepage](https://web.mit.edu) - [MIT contact page](https://web.mit.edu/contact) --- ## Contact Information | Contact | Email | Phone | Webpage | |---|---|---|---| | MIT Energy Initiative press inquiries | [miteimedia@mit.edu](mailto:miteimedia@mit.edu) | | [MIT Energy Initiative article](https://energy.mit.edu/news/funding-clean-energy-solutions/) | | Massachusetts Institute of Technology | [admissions@mit.edu](mailto:admissions@mit.edu) | 617-253-1000 | [MIT contact page](https://web.mit.edu/contact) |7a:T6d0,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. --- --- ## Funding Amount In the competition reported by MIT, five teams received $320,000 in total. Each of the three category finalists received $20,000; the Audience Choice Award was $10,000. One team won both grand prizes: the $100,000 DOE Energy Efficiency and Renewable Energy Clean Energy Prize and the $150,000 NSTAR MIT Clean Energy Prize. These are reported awards, not confirmed amounts for the anticipated cycle. --- ## Eligibility - Develop a clean-energy startup or innovation. - Work in renewable energy, energy efficiency, or infrastructure and resources. --- ## Application Process - **Format:** The prize is a student-run energy business-plan competition.55:[["$","script",null,{"type":"application/ld+json","dangerouslySetInnerHTML":{"__html":"$77"}}],null,["$","$L78",null,{"grant":{"id":"24e1fc77-ec21-4f13-a257-6a5fb280be9d","created_at":"2026-06-16T09:43:11.642024+00:00","updated_at":"2026-09-30T12:46:02.338353+00:00","title":"MIT Clean Energy Prize","description":"The MIT Clean Energy Prize, run by the Massachusetts Institute of Technology and co-sponsored by NSTAR and the U.S. Department of Energy, is a student-run business-plan competition that helps university teams develop clean-energy startups. 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