Storage Design Strategies to Ease Production (STEP) Prize

About

The Storage Design STEP Prize is a two-phase competition offering a total of $500,000 in cash prizes to innovators developing solutions for energy storage technologies, focusing on manufacturability and supply chain resilience.

Benefits

• 💰$500,000 total prize pool — cash prizes awarded in two phases; 🏆 Phase 1 Champions — up to three winners receive $20,000 each; 🏅 Phase 1 Finalists — up to nine winners receive $10,000 each; 💵 Phase 2 Champions — up to two winners receive $100,000 each; 🎖️ Phase 2 Finalists — up to three winners receive $50,000 each

Eligibility Criteria

• Open to individuals, academic institutions, nonfederal government entities, small businesses, startups, entrepreneurs, and inventors working on energy storage innovations

Participation Commitments

• Must develop and validate solutions for energy storage challenges; Must meet eligibility requirements for both phases; Participation in both phases is required for prize eligibility

Target Region

Open to participants from various locations, including the U.S.

Target Sector

Energy storage technologies