Back again with an all-virtual format, the 6th edition of the SPE Startup Village has opened for applications for its Energy Startup Competition to be held on 20–21 September.
Tuesday's pitch competition will showcase emerging technologies from across the energy spectrum and five winners will receive cash prizes. They will also gain high-value exposure to potential investors.
Following the 15 July application deadline, a dozen finalist companies will be invited to mentoring sessions ahead of the big pitch day and will receive a complimentary registration to the SPE Annual Technical Conference and Exhibition (ATCE) in Houston on 3–5 October.
At the virtual event, entrepreneurs will be given 5–7 minutes to explain what their company does to a panel of venture capitalists, angel investors, and industry technology leaders. A panel of five judges will spend around 7–9 minutes asking the competitors questions about their pitch.
On Wednesday, 21 September, the five competition winners will be announced at the award ceremony and then the “Meet the Experts” program will begin. In this session anyone interested in startups can gain insight from experienced investors, industry professionals, and veteran entrepreneurs about the ins and outs of building a new business.
Launched in 2017, the Energy Startup Competition has awarded almost $350,000 in cash prizes to startup companies so far.