Cleantech
The Cleantech Track supports plans for new ventures that tackle environmental challenges in any of the following areas:
- renewable energy
- energy efficiency
- pollution reduction
- resource protection
- conservation.
Top teams win the opportunity to advance to Cleantech Venture Challenge, a regional competition with a top prize of $100k.
Submission Deadline: 11:59PM, March 5, 2012.
For more info, email cleantech@cunvc.org
For submission instructions and more information, please visit:
Submission Criteria:
- 2 page executive summary in the format specified on the forms page. The executive summary will address the opportunity, product, target market and industry, business and resources, path to market strategy, sustainable advantage, financials, and key risks and future needs.
- 5 minute video pitch uploaded to YouTube. The video can be either available to the public, or private if confidentiality is a concern. This is your chance to impress the judges! The video can be a product demonstration, standard elevator pitch format, slide presentation with audio, or anything else you can think of. Be creative! The only rule is that it must not exceed 5 minutes.
- Intellectual property acknowledgement form, which can also be found on the forms page. This document is required for the teams to state the status of their intellectual property and to acknowledge that any technology the business will rely on has not been misrepresented.
The business plans will be judged based on the following broad categories:
Product or Service
Significance, creativity, feasibility, impact, development risk, product differentiation, IP status, barriers to entry
Market Analysis
Validation, sizing, segmentation, trends, scalability, industry attractiveness, value proposition
Market Strategy
Pricing, customer acquisition plan
Management
Funding strategy, company economics, exit strategy
Offering
Pay off opportunities to investors
Viability and Sustainability
Risk management, team commitment and availability
