SunShot launched the Catalyst prize competition in 2014 to connect American innovators to the tools, capabilities, data assets, and resources developed by the Energy Department and its national laboratories. Through four contests, the competition challenges tech startups to tackle some of the toughest challenges facing the solar industry with the goal of cutting soft costs to make solar energy more affordable.
The first cohort of teams launched their products at Demo Day in May 2015, where five teams each won $30,000 to help advance their early-stage solutions towards commercialization. Now, the second cohort of brand new teams takes the stage in Demo Day on December 10 in Philadelphia.
This group of 19 finalists represents 14 teams focused on solar technologies and 5 teams working on buildings technologies. Catalyst teamed up with the Department of Energy’s Building Technologies Office this cycle to develop innovative solutions for reducing energy use while maintaining occupant comfort and promoting better engagement of building occupants. Learn more about all 19 finalists and watch their pitch videos.
What is Demo Day?
Catalyst Prize Demo Day is a public event where 19 selected teams will showcase their new solar products and solutions and pitch a panel of investors and judges for a chance to win up to $700,000 in cash prizes. Winners will be announced at the end of Demo Day.
Demo Day will take place on December 10 at the Franklin Institute in Philadelphia from 9:00 a.m. to 7:00 p.m. ET. Admission is free and open to the public.
Why YOU should attend!
You will have the opportunity to contribute comments, ideas, and recommendations during each team’s demonstration and pitch via interactive polling. You’ll also have the opportunity to build relationships and network with a large community of innovators, mentors, investors, students and technologists in attendance at the event’s formal and informal networking sessions.
A full house is expected. Act quickly to reserve your spot now. Register HERE.
Catalyst is an open innovation program sponsored by the U.S. Department of Energy that allows the public to rapidly develop software products and solutions that address near-term challenges in the U.S. building energy efficiency and solar energy marketplaces through a staged prize contest. To learn more visit: http://catalyst.energy.gov/
If you or your business have questions regarding solar energy projects, energy law or real estate law, contact attorney Jeffrey A. Franklin at Prince Law Offices, P.C.