Ecomagination Challenge: Powering Your Home Opens Today
Posted by: Tore Land on 01/18/2011 1:00:41 PM
|A few weeks ago we launched the next phase of our ecomagination Challenge and today marks the opening of GE's ecomagination Challenge: Powering Your Home.
In this second phase of the Challenge, we're looking for innovations focused on harnessing and managing energy at home. We will be accepting ideas from January 18 through March 1, 2011 at www.ecomagination.com/challenge.
In addition to investment, commercial relationships and other partnership opportunities, the judging panel of GE executives and leading academics and technologists will select five $100,000 Innovation Award winners whose ideas represent pioneering entrepreneurship and innovation. More than $100 million for venture capital investments can still be made available by GE and its partners for this second phase of the challenge.
The judging panel for this phase will also receive input from a group of leading participants who submitted ideas in the first phase and have agreed to serve as Challenge Community Leaders. In this role, they will help to judge the "Powering Your Home" ideas, and help guide the Challenge as it evolves and progresses.
The level of excitement and participation in the first phase of the Challenge surpassed our expectations. It has been inspiring to see so many people contribute ideas, time, and thought to new energy solutions. We look forward to seeing the fruition of those ideas and are excited to find and fund the next wave of ecomagination innovation
The ecomagination Challenge demonstrates the power of networked ideas, collaboration and partnerships to accelerate innovation. The success of the Challenge and addressing our most pressing energy needs depends on you. Send us your ideas, vote for your favorites, and help others refine their ideas by sharing your thoughts. Get started at http://challenge.ecomagination.com.
Director Ecomagination Challenge: Powering the Home