About Megawatt Ventures

Sponsored by the U.S. Department of Energy, MegaWatt Ventures provides essential funding and mentorship to support the commercialization and success of cleantech innovations developed by University students. Applicants will be selected to present at the MegaWatt Ventures pitch competition to compete for $50,000, while also participating in a hands-on training program to prepare the teams and their technology for a successful market launch. The program will culminate in a showcase where each finalist will pitch their company on stage to a panel of investors, entrepreneurs and other cleantech experts who will decide which company wins the grand prize of $50,000.  Applications will open in early 2018 wit the final showcase and pitch will occuring in Spring 2018 (exact date & location to be announced soon) in Orlando, FL. 

The top three finalist teams from the MegaWatt Ventures competition will be invited to compete for an additional $50,000 prize at the DOE Cleantech UP national competition.

This competition is designed for student teams developing renewable energy and energy efficiency-related technologies. By entering the MegaWatt Ventures competition, applicants will have access to a broad array of resources and educational programs to help grow their energy product concepts into high growth businesses. Participants will be surrounded with experienced business mentors, investors, technical experts, and cleantech-industry veterans that are all dedicated to assisting teams in commercializing their innovations into high growth businesses.

Applications will open in early 2018.  

You can Apply Here:   www.f6s.com/megawattventures


Eligible Technology Categories

The submitted technology must support one of the U.S. Department of Energy EERE categories:

Renewable Electricity Generation

  • Solar Energy Technologies
  • Geothermal Technologies
  • Wind and Hydropower Technologies

Sustainable Transportation

  • Vehicle Technologies
  • Biomass Technologies
  • Hydrogen and Fuel Cell Technologies

Energy-Savings Homes, Buildings and Manufacturing

  • Building Technologies
  • Advanced Manufacturing
  • Federal Energy Management
  • Weatherization & Intergovernmental