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  • Jodie Alexander

DOE American-Made Power at Sea Prize $1.7M Available in Two Phases – CONCEPT Phase Due 07/26/24

Opportunity Title:

American-Made Power at Sea Prize


Funder/Agency:

DOE & American-Made


Description:

The Power at Sea Prize aims to nurture innovative technologies that utilize the power inherent in the ocean to enable sustainable and responsible use of resources, better prediction and tracking of tropical storms, better monitoring of aquaculture for food security in coastal communities, greater understanding of the ocean’s role in climate change mitigation, and more.


The Power at Sea Prize, which expands on the Ocean Observing Prize  is structured to support competitors through the early stages of developing a new system, subsystem, or component from original conception to teaming to a testable stage of initial development.


The prize aims to be a proving ground for ideas that have not yet had the opportunity to flourish and is structured so competitors end the prize with concepts, materials, and media collateral to better position them for future technology development.


Through two phases, CONCEPT and DEVELOP, the Power at Sea Prize will provide winners with access to direct support, including trainings, testing assets, and new connections that aim to accelerate the advancement of concepts into real prototypes.

  • In the CONCEPT Phase, competitors will select a blue economy application that their proposed system, subsystem, or component will support, and an integration challenge their solution intends to resolve. (See official rules for complete lists of challenges and applications). At the end of this phase, up to 20 winners will be awarded from a cash prize pool of up to $200,000.

  • In the DEVELOP Phase, teams will continue their concept development and prepare it for future technology development after the prize. Up to 20 winners will be awarded from a cash prize pool of up to $1,500,000.


Eligibility:

The competition is open to individuals; private entities (for-profits and nonprofits); nonfederal government entities such as states, counties, tribes, and municipalities; and academic institutions


Award Details:

Total Amount Available:

$1,700,000


Maximum Award:

CONCEPT Phase: $10,000

DEVELOP Phase: $75,000


Deadline:

CONCEPT Phase: July 26, 2024

DEVELOP Phase: Open August 2024 - May 2025



Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.

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