The Women in Cleantech Challenge is a partnership between the government department Natural Resources Canada, MaRS cleantech and Québec Cleantech Cluster to search for women with a 1 million dollar idea to grow a business in the cleantech sector!
Natural Resources Canada states:
“Women are significantly under-represented in STEM (science, technology, engineering and math). According to a 2017 report, only 5 per cent of Canadian tech companies have a solo female founder or CEO, and only 13 per cent have one female co-founder. This is particularly true in clean technology, where men significantly outnumber female founders and executives.
An objective of this Challenge is to level the playing field for five high-potential women innovators, and in celebrating their achievements, inspire an emerging generation of woman who will be key to solving some of the world’s most daunting challenges.”
The grand prize winner will be granted one million dollars to advance and grow their business.
They are looking for:
- a woman with a cleantech idea
- who is looking to build a business
- and who has their eye on the prize!
The top five finalists will win. . .
Spending the next 2.5 years with $800,000 support to develop your cleantech venture, including:
- $115,000 a year for living expenses and travel
- $300,000 worth of expert advice and support from the MaRS Discovery District
- $250,000 in value for federal labs to work closely with you to test your idea and move it toward commercialization
The Grand Prize winner. . .
Will receive $1 million to advance and grow your business. They will also continue to be supported throughout her venture through the commercialization journey that follows.
Through this challenge, Canada will succeed at advancing breakthrough clean technology ideas with the potential for global impact.
Deadline to apply: July 13, 2018
Grand Prize Winner announced: March 2021