South Australia's Low Carbon Entrepreneur Prize
South Australia’s Low Carbon Entrepreneur Prize signals the beginning of our global search for solutions.
A prize pool of AUD$260,000 has been made available for entrepreneurs to seed great ideas and help turn them into viable commercial opportunities. The Prize is part of a broad vision to position Adelaide as the world’s leading city in low carbon economies, to enhance new-economy jobs and industries and export these products and services to the world.
Entries were open to anyone worldwide with a low carbon entrepreneurial idea or solutions for Adelaide, and 150 local, national and international entries hailed from South Australia, around Australia and across the globe from South Africa, Greece, the UK, Kenya, Taiwan, Malaysia, Colombia and France.
10 finalists were selected by the independent expert judging panel and an 11th Wildcard finalist was voted by the public. These finalists have received $10,000 to help take their idea to the next level, create prototypes and help get their idea to market.
The Finalists were involved in an incubation program to develop their concepts further and connect with government and private sector partners in South Australia, before coming together in Adelaide for Design Week (17-21 October) where they pitched to an expert Judging Panel for a prize pool of $150,000.
Premier Jay Weatherill presented the $100,000 to Enecon for their Carbon-neutral trigeneration plant, $50,000 to EcoCaddy for their sustainable delivery service EcoCart, and South Australian proposals by Peats Soil & Garden Supplies and D Squared were both highly commended by the expert Judging Panel.
What kinds of solutions were we looking for?
What was the criteria for projects?
To be eligible projects must Specific criteria for projects included:
- be delivered within Adelaide;
- demonstrate how it will reduce Adelaide’s carbon emissions;
- be an original work; and
- involve a South Australian entity as a partner in the delivery of the project.
When did the entry period run?
The entry period began on Wednesday 16 March 2016 and closed at 5:00pm on Tuesday 31 May, Australian Central Standard Time.
What are the prizes?
The total prize pool for the prize is AUD$260,000.
Finalists have received seed funding to help make their idea a reality during the incubation program. For interstate or overseas applicants, the prize may also include return flights and accommodation to Adelaide, South Australia to work on and deliver their idea in partnership with a South Australian organisation.
The eleven Finalists will compete for AUD$150,000 prize money when the winner/s are announced during Open State in October.