TERA-Award Smart Energy Competition 2024

About

The TERA-Award Smart Energy Competition 2024, sponsored by Towngas, offers startups and research groups the opportunity to showcase their innovative solutions for energy efficiency, renewable resources, and advanced energy management, with a chance to win up to US$1 million and receive strategic investment, assistance with scaling and implementation, and media exposure.

Benefits

• Cash prizes: Gold - USD 1 million, Silver - USD 100,000, Bronze - USD 50,000
• Strategic investment opportunities from Towngas, Full Vision Capital, and other partner funds
• Assistance with rapid scaling and implementation of solutions from Towngas and its subsidiary, Towngas Smart Energy
• Participation in an acceleration program with industry experts, mentors, and investors
• Extensive media coverage and exposure through collaboration with leading media outlets

Eligibility Criteria

• Startups or research groups exploring partners, investors and markets
• Prototypes and products with commercial potential; having a patent is a significant advantage
• Projects that are in the early stages of commercialization, with no restrictions on revenue size
• Ready for scaling with industry partners, investors and markets
• Must align with the following scope: Renewable Energy; Carbon Capture, Usage and Storage; Intelligent Energy Systems; Energy Storage & Conversion; Green Fuels & Hydrogen; Green Smart City