What Kinds of Companies Are We Looking For?
You must have established at least a minimum viable product.
At least one founder is based in Virginia.
What Kinds of Companies Are Eligible For The Energy or Sustainability-Specific Prize?
All of the above. Additionally, your product or service must provide a sustainable solution for Dominion Energy, their customers, or communities across Virginia.
Potential examples include but are not limited to:
Sustainable: decarbonization, environmental, social innovations, circular economy.
Digital: data, smart cities, industrial IoT, communication, connected worker, robotics.
Transport: mobility platforms, fuel efficiency, charging infrastructure, vehicle-to-grid (V2G), vehicle-to-building (V2B), autonomous systems, advanced road infrastructure.
Distributed: smart home, resiliency, aggregation platforms, energy storage.
AFTER THE COMPETITION: What Can I Expect If I Win?
In addition to the cash prize, all three winners receive membership at the DEIC for a full year. The DEIC team will coordinate with you to introduce you to the center and our educational and mentorship offerings.
How Does The Pitch Competition Work?
There are three prizes at the Pitch Competition for 2020:
One Randolph Macon College student winner will receive $5,000 and a year-long membership to DEIC.
Two startup winners will split $15,000 in cash prizes, with the respective amounts determined by the judging panel:
One general startup winner will receive a cash prize, a year-long membership to DEIC, and a branding package from Creative Marketing Group.
One Energy or Sustainability startup winner will receive a cash prize, a year-long membership to DEIC, and consultation with Dominion Energy's innovation team.
What is the pre-competition schedule?
All applications must be submitted by January 24th.
Semi-finalists will be notified by February 3rd.
Semi-finalists are invited to visit DEIC and practice their pitches with staff and judges between February 4th and 12th.
Finalists chosen to pitch at the competition will be notified by February 13th. Finalists will be announced on the website and social media channels.
Finalists will present their pitches at the competition on February 20th.
What is the cost to apply?
The DEIC Pitch Competition has no cost to apply or compete, nor is equity granted in a contract to win or earn the benefits provided by sponsors and partners.