The Wilkes Climate Launch Prize 2024: Get up to $500,000 to Launch your Climate Change Idea (open to organizations globally)

The Wilkes Climate Launch Prize at the University of Utah is inviting first-round applications until February 29, 2024. This $500,000 prize seeks to support and accelerate innovative ideas from organizations worldwide, both for-profits and nonprofits, dedicated to combatting climate change.

Key Details:

• Application Deadline: February 29, 2024 (by 12:00 midnight MST)
• Eligibility: Open to organizations globally, at any stage – for-profits, nonprofits, seed, pre-seed, venture-funded, or publicly traded.
• Prize: $500,000, one of the largest university-affiliated climate awards globally.

Process & Review Timeline:

• Phase I: First round submissions
  • Due Date: February 29, 2024
• Phase II: Second Round applicant proposals
  • Due Date: April 12, 2024
• Phase III: Finalists pitch in-person at Wilkes Climate Summit
  • Event Date: May 14, 2025
• Awards Ceremony: September 2024

Key Evaluation Criteria:

• Scalable Impact:
  • Reduction or removal of greenhouse gases.
  • Scaling potential over 2030-2050.
  • Transformative change in the sector.
• Feasibility:
  • Demonstrated feasibility.
  • Cost per MT CO2-equivalent.
  • Relevant expertise and structure.
• Co-benefits:
  • Positive impacts on communities, economies, or ecosystems.
  • Mitigation plans for potential negative consequences.

FAQs:

1. Who is Eligible? Organizations globally, for-profits or nonprofits.
2. Submission Format? Typed directly into the application form.
3. Funds Restrictions? 15% cap on overhead, no other restrictions.
4. Prizes? One grand prize of $500,000.
5. First Round Deadline? February 29, 2024 (by midnight MST).

For more information, please visit their official website.