The MIT Clean Energy Prize (CEP) is the oldest and largest student-run business plan competition in the US, with the mission to both INSPIRE and PREPARE the next generation of leaders to take on the world’s most pressing energy challenges.


CEP utilizes its established partnership networks to host widely attended energy innovation events in major clean energy hubs across the US and the World. The programming brings together students, entrepreneurs, academics, and industry experts to begin identifying and addressing energy opportunities.



The official CEP competition launches in the spring with a robust two-month mentorship phase, where each team is coupled with a technology, business and legal mentor. CEP cumulates with the Finals Showcase, where teams compete for prize money upwards of $200,000 in equity-free funding.

“Winning the renewables track of the 2013 MIT Clean Energy Prize was life-changing for us - it was the first step in the transformation from a bunch of students with an exciting idea into a credible team that is now backed by brilliant angel investors and the U.S. Department of Energy SunShot Initiative. And for my co-founder Ido and me, at a time we chose not to pursue traditional job opportunities and graduated with student loans, the prize money was like oxygen for a newborn baby. We wouldn’t be where we are without the CEP. Period.”
— Senthil Balasubramanian, Co-Founder and Head of Product Innovation at Sistine Solar.
“Forget the Oscars. For student entrepreneurs, the MIT Clean Energy Prize is the most watched show in town.”
— Yoni Cohen, Greentech Media
“The competition continues to attract the nation’s brightest minds for turning innovative ideas into marketplace realities to build a clean energy economy.”
— Tom May, Chairman, President, and CEO of NSTAR
“The energy sector has had and continues to have a shortage of entrepreneurs. The MIT Clean Energy Prize is surfacing innovative technologies out of universities, but more importantly, it is training the energy entrepreneurs of tomorrow. These entrepreneurs will pay dividends not just once but over and over again.”
— Bill Aulet, Managing Director of the Martin Trust Center for MIT Entrepreneurship