AUA Energy Transitions for Climate Solutions

 

Venture Competition

Environmental Sustainability, Clean Technology, Conservation, Energy Tech

 

Entrepreneurs and New Ventures interested in Energy and Environmental Sustainability are invited to participate in a Venture Competition organized by AUA’s Energy Transitions for Climate Solutions.

Participating teams will need to provide a business plan or slide deck.  They also will need to pitch their startup to a jury.

 

Eligibility:

  • Teams comprised of at least two people
  • Venture must already have an operational MVP or prototype
  • Teams must be a startup or part of a startup
  • Innovators need to be sustainability-focused
  • Teams/startup must be based in Armenia
  • Must be For-Profit

 

Prizes:

Based on quality of venture and technology, the jury will determine if startup or venture is eligible to participate in the invitation-only EarthX E-Capital Summit in the spring 2024 in Texas, USA. Subject to finding a suitable start up, Ramsis Capital will finance up to 2 participants (this includes return airline costs, accommodation, visa costs and EarthX E-Capital Summit participation costs). The costs of transport internally and food and beverages needs to be covered by the start up. In the event that we do not find any suitable start up, Ramsis Capital will provide a prize of 1500 USD, which can be split either between 1 or 2 startups.

Jury will be made up of representatives from the AUA Acopian Center for the Environment, AUA EPIC, Ramsis Capital, and EarthX.  Evaluation criteria will include business life cycle/stage, commercialization/technology risk, management team, product-market fit, environmental sustainability impact, MVP/prototype stage, market potential, etc.

 

Important Dates:

 

Applications open:  November 30

Informational webinar:  in November

Office hours for applicants:  a few dates in November

Application deadline:  December 31, 2023

EarthX E-Capital Summit:  April 23-25, 2024