Competition & Award
TERA-Award Smart Energy Competition 2024
Apply by Feb 28, 2025
Application Closed
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
- π°Cash prizesGold - USD 1 million, Silver - USD 100,000, Bronze - USD 50,000
- π°Strategic investment opportunitiesStrategic investment opportunities from Towngas, Full Vision Capital, and other partner funds
- π οΈ Scaling and implementation supportAssistance with rapid scaling and implementation of solutions from Towngas and its subsidiary, Towngas Smart Energy
- πAcceleration programParticipation in an acceleration program with industry experts, mentors, and investors
- π€Media coverageExtensive 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
Target Region
Global
Target Sector
Renewables, Energy Tech
Towngas