Talk about some real cash. Here’s one for sure albeit way far from Tennessee.
A $2.5 million prize pool is on the line as this year’s “76West Clean Energy Competition” enters its fourth and final round of judging. The prize money will be split among the top six semifinalists with a $1 million grand prize, one $500,000 award and four $250,000 awards.
The New York State Energy Research and Development Authority (NYSERDA) runs the competition which focuses on growing entrepreneurs and attracting resources from the U.S. and around the world to build clean energy businesses and bring jobs to the Southern Tier region of New York State. As noted in this 2018 article in teknovation.biz, two local companies – Active Energy Systems, now an alum of Oak Ridge National Laboratory’s “Innovation Crossroads” program, and Peroxygen Systems, another local start-up, were finalists last year.
You can read more about the program here.