Competition Dangles $200K To Students With Clean Technology Ideas

A new competition--part of the Startup America effort launched by the Obama Administration, and spearheaded locally by Caltech, USC, and UCLA--said today that it is looking to award $200,000 in prize money to university students with clean energy business ideas. According to First Look West (FLoW), it is offering to $200,000 in prizes, plus access to experience mentors, legal start-up packages, and the opportunity to pitch investors as part of the competition. First Look West said that the first place team will win $100,000, the second place team $60,000, and third place $40,000; the competition wlil be held April 30th and May 1st. The deadline to apply is February 28th. The competition is being funded via $360,000 grant from the U.S. DOE, being managed by OnGreen, UCLA, USC, and Caltech.