Energy Security Prize


 

Securing America’s Future Energy (SAFE) is pleased to announce the second installment of the SAFE Energy Security Prize. The Prize is designed to support the critical efforts of companies whose ingenuity, leadership, and perseverance are poised to advance American energy security by helping to end U.S. oil dependence. The winner of the 2015 SAFE Energy Security Prize will receive $125,000.

CNBC and Clemson University are official partners of the SAFE Energy Security Prize. To apply for the SAFE Energy Security Prize you can download the application form here.When you've completed the application in its entirety, please upload your completed document to the application process. All submissions are due by April 10, 2015. Semifinalists will be announced May 11, 2015 and the winners will be announced at an event on June 23, 2015.

Download our call for applications document to learn about applicant eligibility and the Prize selection process.

 


 

BACKGROUND

For decades, America’s dependence on oil to power mobility has posed serious risks to our country’s economic and national security. Achieving true energy security will require the advancement and maturation of energy technologies that diversify the fuels powering U.S. transportation and displace oil from the American economy.

To help accelerate the development of critical energy security technologies, SAFE awarded the inaugural Energy Security Prize in October 2013, recognizing three emerging companies for their promising technologies. This year’s Prize will again recognize three technologies that are not currently in the marketplace, but that are expected to be available for sale within five years. The technologies must have the potential to meaningfully reduce long-term oil consumption.

This year’s Energy Security Prize, Powered by The InterTech Group, is awarded in memory of the company’s founder, president and CEO, Jerry Zucker. Mr. Zucker was first and foremost an inventor and scientist, driven by a life-long passion to create technologies that could revolutionize the world and improve the health of our country. As a prominent businessman, Mr. Zucker worked tirelessly not only to discover these technologies but to bring them to market quickly and efficiently. Mr. Zucker was passionate about the significant advancements technology could make in reducing America’s dependence on oil and thus strengthening our country’s economic and national security.

2015 Prize applications will be evaluated on the following criteria: oil displacement potential, competitive advantage over existing/incumbent technologies, cost trajectories and ease of getting to scale, industry interdependence, technology and market validation, and value to the end user.

Applications are reviewed by an expert panel comprised of industry leaders, venture capitalists, academics, and representatives of the national laboratories through a two-round process. Prize semifinalists will be given the opportunity to present their technologies in-person to a high-level selection panel and may also have the opportunity present their technologies on broadcast television on CNBC.

The 2015 Prize winners will be announced on Tuesday, June 23, 2015. The first place winner will receive $125,000. The first runner-up will receive $35,000, and the second runner-up will receive $15,000.

To apply for the SAFE Energy Security Prize you can download the application form here.When you've completed the application in its entirety, please upload your completed document to the application process. All submissions are due by April 10, 2015.

Apply for the SAFE Energy Security Prize. Powered by the InterTech Group.

Learn about the 2013 Energy Security Prize winners.

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