About Megawatt Ventures

Sponsored by the U.S. Department of Energy, University of Central Florida, and OUC, 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 a $50,000 1st prize, a $15,000 2nd prize and $10,000 3rd prize, while also participating in a hands-on training program to prepare the finalist teams for a successful market launch. 

The program culminates in a showcase and competition event 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 Open: Feb 1, 2018 through April 8, 2018

Final Competition and Showcase Event: May 17, 2018 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 NOW OPEN.  

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