Pitch competition · Cambridge, Massachusetts, United States

MIT Climate & Energy Prize

A student-run competition at MIT for student-led climate and energy startups from universities worldwide. Teams compete for more than US$100,000 in non-dilutive cash prizes, with mentoring.

Status unknown

Verified 18 October 2026 · From the programme's own pages

Terms

Funding
US$100,000 US$100,000 grand prize; the 2026 runner-up won US$10,000 and regional semi-final winners US$5,000
Instrument
Prize
Equity taken
None (equity-free)
Programme fee
not published
Duration
not published
Cohort size
not published
Cohorts
not published
Delivery
Hybrid
Stages
Idea, pre-seed
Sectors
Climate, Energy
Open to founders from
Anywhere
Perks
  • Mentoring

Application dates

Status unknown

Dates not published. The 2026-2027 application form opens in the autumn; an interest form is open now.

Usual timing: The 2026-2027 application form opens in the autumn; an interest form is open now.

Who can apply

  • Open to university students worldwide, not only MIT
  • Teams of at least two; at least half the founders are students or postdocs
  • Less than US$100,000 raised in dilutive funding
  • New ventures only; teams must incorporate to receive prize money
  • Stage: idea, pre-seed

What founders should check

  1. The programme says it takes no equity. Still read the agreement for warrants, revenue shares or rights in a later round.
  2. It does not publish a fee. Ask whether you pay for desks, services or the programme itself.
  3. It mixes remote and in-person sessions in Cambridge. Ask how much time on site it expects.
  4. Dates for the next cohort are not published. The 2026-2027 application form opens in the autumn; an interest form is open now.

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