Who Should Apply :
Eligibility:
The FLoW criteria for the Western Region competition include the following:
- At least 50% of the formal team members must be students
- Students must be studying at accredited US Universities
- Preference given to students in the Western Region: Alaska, California, Idaho, Nevada, Oregon, Washington, American Samoa, and Guam
- Student teams developing commercially attractive energy technologies at an early stage or
- Student teams with some corporate development done, in the seed or start-up phase, and needing mentoring support to rise to the next phase of development
- Teams must be incorporated and have an Employer Identification Number (EIN) prior to receiving DOE awards or prizes
- The company cannot have raised more than $200k in equity capital prior to selection of the regional winners
- Students members of the formal team should have a combined minimum equity of 20% of the company
- The business plan must develop a technology that will have a demonstrable impact in the way energy is generated, distributed, converted or consumed
- All applicants who are selected to go forward must sign IP Declaration and IP Disclosure forms. Please click to open.
- Technology areas:
- Building Technologies
- Advanced Manufacturing
- Vehicle Technologies
- Federal Energy Management Program
- Weatherization and Intergovernmental
- Biomass Program
- Geothermal technologies
- Fuel Cell Technologies
- Solar Energy Technologies
- Wind and Hydropower Technologies
Forming a company:
- Students members of the formal team should have a combined minimum equity of 20% of the company
- Teams must be incorporated and have an Employer Identification Number (EIN) prior to receiving DOE awards or prizes
- The company cannot have raised more than $200k in equity capital prior to selection of the regional winners
How to apply:
Applications must be submitted online and can range from technology platforms underlying business concepts to the formal business plans of established companies. The online link to the iStart application site will be available on the FLoW website by December 1, 2012. However, if you need general guidance before applying, you may submit a one page summary of your prospective business idea in advance by e-mailing it to the Executive Director’s office, at stephanie.yanchinski@caltech.edu.
