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CleanTech Challenge Italy
For the seventh consecutive year, MIP Politecnico di Milano is the Business School, with exclusivity for Italy, appointed to organise the CleanTech Challenge Italy, the Italian stage of this international competition dedicated to the world of green and clean technologies overseen by the London Business School (LBS) and University College London (UCL).
Apart from the Italian chapter headed by MIP Politecnico di Milano, the international competition consists of several national rounds organised.
The challenge is to develop innovative ideas for clean technology, from the design stage to obtaining the funding to realise the project.
The deadline for students to present their ideas is 11 March 2018. The finalists’ projects will be presented at MIP’s main building on the 23 and 24 March 2018.
At the end of the Italian round, the winning team will receive € 5,000 provided by the Gianluca Spina Association, a not-for-profit association created for the advancement of the innovative educational projects championed by MIP’s past president and dean, who died prematurely in 2015.
The winners will also represent Italy at the CleanTech Challenge finals, held at London Business School on 26 and 27 April 2018, where the prize is £10,000.
Submit your idea.
Join the Challenge and try to win the Italian Chapter. It’s easy and there are no entry fees.
Before you submit your idea, please download and read the ‘Normative Committee documents’, click here.
We welcome applications from all students currently registered on any full time or part time degrees. This includes undergraduate, masters, MBA and PhD programmes. Team members who are enrolled students in January 2018, but graduate before the boot camp finals in April 2018 are still eligible to participate. Alumni can take part into teams, provided that they are not more than 50% of the team members.
All team members must be aged 18 or over. While there are no academic background requirements, we encourage students to have a mix of business and technical skillsets within their teams.
For the first stage of the competition (full business plan submission), students must form teams of minimum 2 and maximum 5 people.
STAGE 1 SUBMISSION GUIDELINES – Deadline on March 11, 2018
The submission consists of a presentation in power point format which should be the equivalent of an “investor deck” (the deck the company would be using to interest Angel Investors in their idea). Download the PPT template, click here.
Maximum length is 17 slides including appendixes and should cover the following topics plus any information that would be relevant to a potential investor:
- What does the proposed business do?
- Climate Impact
- Total addressable market - estimate how many customers fit your end user profile and the total revenue potential.
- Profitability and unit economics – estimate the margin of the product or service and R&D and marketing costs.
- Competitive landscape – who is doing something similar and why you think your business would be better.
- Defensibility - what competitive edge have you got or could you develop to deter competitors.
- Monetization of the product – who and how could you charge for your product or service.
- How much cash do you think you need to develop a ‘proof-of-concept’ or ‘proof of market’?
- The team behind the idea – and why you think it has the skills and connections to take you to the next stage.
TO SUBMIT YOUR CLEAN IDEA, YOU WILL HAVE TO FILL IN A FORM.
You will have to provide information about your team, the project and upload the ppt.