The Structure of the Prize
The MIT Clean Energy Prize is a multi-stage, student-organized business plan competition. Over the past decade, student entrepreneurial teams competed more than $200,000 in prize money, with a $100,000 Grand Prize. University teams from across the United States and the World enter their business ideas in one of several categories (“tracks”).
In January and February, teams submit an executive summary and pitch deck. MIT CEP judges select 15 business plans (5 from each track), which then receive mentoring and access to other MIT CEP resources. During this time the selected teams develop and refine their business plans before presenting them to a panel of expert judges at the CEP Semi Finals on April 4th 2019.
The top four teams from the Semi Final, i.e. one from each track and a best runners up go on to compete in the Finals on April 5th, 2019.
* Prize amounts will be determined at the discretion of the Clean Energy Prize Managing Directors and will be subject to the year's fundraising efforts by our team.