$200 Million For Your Clean Tech Idea

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What would it take for you come up with ideas that create a smarter, cleaner, more efficient electric grid, and accelerate the adoption of more efficient grid technologies? $200 million perhaps? That is the challenge GE and a group of venture capital firms are putting forth as they pony up a huge cash commitment to promising ideas in the clean energy arena.

The GE ecomagination Challenge: Powering the Grid, as it is being called, is a 10 week contest that is taking ideas from around the world from businesses and individuals who believe they have promising solutions to offer. Three categories of ideas are being solicited, including renewable energy, grid efficiency and ecohomes/ecobuildings. Interested parties must register at the challenge’s website to submit their ideas. Entries will be evaluated as candidates for both a potential future commercial relationship with GE, which includes capital investment, distribution and development, as well as “a $100,000 innovation challenge award acknowledging their entry as an example of outstanding entrepreneurship and innovation.”

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$200 Million For Your Clean Tech Idea | EarthTechling