Cleantech Open provides tangible benefits:
As with most endeavors, what you get out of Cleantech Open is based on the effort and intensity of what you put in. Don’t expect to simply sign up and expect to win a prize!
*All awards are subject to change at Cleantech Open’s sole discretion, and may vary from region to region. The cash component of each award may be provided as a grant or as seed capital (investment). The grand prize is provided as seed capital (investment) in the form of a convertible note.
Step One: Register as a user.
Step Two: Complete a startup profile or join an existing team.
If you are the lead member responsible for entering information to the CTO website, choose the “Startup Registration” button to provide information about the company. You can update this information after registration. Your startup profile will not be displayed publicly until the Accelerator begins in June.
If you are joining a startup already registered, choose the “Team Member Registration” button to provide information about you.
Step Three: Pay your application fee.
After creating your startup profile you will land on the Startup Dashboard. From the Startup Dashboard select the “Start/Coninue 2018 Application” button. You will be prompted to pay the application fee before you start filling out the application itself.
**Note that if you would like to preview the application questions and begin working on the application BEFORE submitting your payment, we have provided a downloadable version of the application in the Application Toolkit section below.**
Step Four: Submit your completed application before the final deadline.
You can continue to work on your application UNTIL you submit. We recommend asking our team any application questions as early as possible, attending our Q&A sessions, and getting a mentor or advisor to review the application as early as possible to avoid a last-minute submission.
Please complete the application by visiting your Startup Dashboard, opening up your application, and clicking “Preview and Submit” at the bottom of the form. Make sure to review to make sure all of the details are correct, and then press the final “Submit" button at the bottom of the page.
Step Five: Receive judging feedback and acceptance decision.
After the final deadline of Tuesday, May 1st, you can expect to hear back from us in early May about whether or not you were accepted into the Accelerator. Regardless of your acceptance decision, our panel of expert judges will review your application and provide you with valuable judging feedback.
Application Deadline and Fee
The application deadline for the 2018 program is Tuesday, May 1st, 2018. Some Regions may consider earlier admission, so we encourage you to apply early. Please check with the Cleantech Open leaders in your region to understand if early admission applies to you.
The application fee per company is: $150 (regular), $100 (student).
*To qualify as a student, the team must have a full-time student as the Team Leader and at least half the team must be students.
If you are accepted into the program, the fee for participation in Cleantech Open's Accelerator is $1,200 for up to two members participating per company (or $950 for student-led teams). This covers several months' worth of training, mentoring, and event participation, including receptions and meals. Travel costs and other expenses will not be reimbursed. YOU ARE REQUIRED TO ATTEND A NATIONAL ACADEMY (EAST OR WEST COAST) AND THE GLOBAL FORUM. The Accelerator kicks off with the National Academies and finishes with the Global Forum. Be sure to start considering your budget for these events.
Your technology must fit into one of these categories.
Confused about how your technology fits? Read our FAQ
Cleantech Open supports early stage startups. Most startups in our program have less than $1.5MM in funding from private investors or less than $10MM in funding from family, friends, and grants. There are exceptions, however, and we encourage you to apply even if your funding levels are higher. We'll evaluate your fit with the program holistically, considering your company's ability to benefit from the program.
You must have at least two members.
Much of the value Cleantech Open creates for participating startups is centered around relationships and network connections. For this reason, it is important for your team to physically participate in the Cleantech Open events over the program year, including the National Academy (East or West), Business Clinics, Workshops, Networking events, Regional Awards & Innovation Showcase, and our Global Forum (now part of Cleantech Week). Please confirm that you'll be able to participate in our program in this way AS THE NATIONAL ACADEMY AND GLOBAL FORUM ARE REQUIRED EVENTS.
At least one team member must actively engage with the Accelerator by participating in meetings or events that are part of the program, and by submitting final deliverables before Final Judging. There are only two mandatory events at the National level: 1) the National Academy (you choose East or West) and 2) the Global Forum. There are several mandatory events at the Regional level: 1)Business Clinics and 2) Regional Showcase.
6) Conflict of Interest
You MAY NOT apply if you are an Accelerator volunteer, judge, expert, advisor, mentor, chair, regional director, or if you are in any other way involved with the organization or operation of the accelerator. Immediate family members of the aforementioned people are also ineligible.
You MAY apply if you are affiliated with the Accelerator's sponsors and/or partners, as long as you or a family member are not directly involved in the operation of Cleantech Open, as above.
If you are accepted as an entrepreneur or company participating in Cleantech Open's Accelerator, individuals involved in the running of Cleantech Open may advise or mentor you, within the rules of the Accelerator, but such individuals may not take a direct interest in your company (such as an equity stake or a paid position) and may not participate as team members until after the Global Forum in the year of your participation.
For our organization, clean tech has a broad definition and encompasses a lot of different technology categories. In addition, startups who get into our program are often at very diverse stages of development. In other words, there is certainly no 'perfect' candidate for the Accelerator.
When judges look at your application, they will be evaluating your entry on the following criteria:
Check out our application FAQ first to see if your question is answered there.