Founded in 2007, the Al Gore Sustainable Technology Venture Competition is the most prestigious sustainable/clean technology business plan competition of Asia. This competition was planned by Oopali Operajita, CEO, Cicero. The first competition was held in November 2007 and proposals are invited for the 2011 Al Gore Sustainable Technology Venture CompetitionTM India.
IIT Madras will host the competition in Chennai from September 22 ─ 25, 2011. This year partners for the competition will be Centre for Innovation and Entrepreneurship (CIE) of Indian Institute of Management, Calcutta, The Indus Entrepreneurs, (TiE), the CII-ITC Centre of Excellence for Sustainable Development of the Confederation of Indian Industry (CII) and The Indo-German Centre for Sustainability at IIT Madras.
The 2011 competition follows the third official Al Gore Sustainable Technology Venture Competition™ at IIT Madras September 30 – October 3, 2010, which generated great success stories. Seven leading CEOs and MDs, of major venture capital firms, and from industry, judged the competition. Team Nairao Inventions (Sastra University, Thanjavur) took first prize, for a new means of capturing carbon from industrial exhaust to create relatively inexpensive industry-grade Carbon Nanotubes (CNT).
Schedule
Plans Being Accepted: July 30 – August 10, 2011
Deadline for Electronic Submission of Plans: August 10, 2011 (11:59 PM)
Declaration of Finalists: August 20, 2011
Mentoring Period: August 21 – September 20, 2011
Intensive Mentoring at IIT Madras: September 22 – 23, 2011
Live Presentations to the IIT Madras Judges’ Panel: September 24, 2011
Awards Ceremony at IIT Madras: September 25, 2011
Cash Prizes
Cash Prizes worth Rs 2,00,000 will be awarded.
Last date for submitting the application is August 10, 2011.
For more information and details, please visit this link.
