About Megawatt Ventures

Sponsored by the University of Central Florida and OUC— The Reliable One, 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 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: March 4, 2019 through May 15, 2019

Final Competition and Showcase Event: July 18, 2019 in Orlando, FL  

This competition is designed for student teams developing smart, renewable, 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:   MegaWattVentures2019

Eligible Technology Categories

The submitted technology must support one of the following categories:

Electric Utility Related

1.       Smartgrid

2.       Distributed Energy Resources (DER)

3.       Energy Storage

4.       Renewables

5.       Energy Efficiency

6.       Energy Conservation

7.       Electric Vehicles

8.       Alternative Fuel Sources

9.       Asset Management

10.   Asset Resiliency

11.   Asset Life Extension

12.   Utility Data Analytics


Water Utility Related

1.       Alternative Sources

2.       Water Treatment

3.       Energy Efficiency

4.       Water Conservation

5.       Asset Life Extension