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DTSTART;VALUE=DATE:20240311
DTEND;VALUE=DATE:20240601
DTSTAMP:20260416T205318
CREATED:20240314T165451Z
LAST-MODIFIED:20240524T163324Z
UID:10000402-1710144000-1717174800@albertainnovates.ca
SUMMARY:Plug and Play AI in Energy Innovation Challenge
DESCRIPTION:The Challenge\nWith the world’s population projected to hit 10 billion by 2050\, the demand for energy will surge\, intensifying the need for sustainable energy solutions. This surge comes amid a transformative era in the energy sector\, driven by the exponential growth of artificial intelligence\, demanding a re-evaluation of how we use and manage energy resources. \nAlberta\, Canada\, renowned for its abundance of natural resources and commitment to driving technology and innovation\, is at the epicentre of this evolution. The intersection of AI and energy presents an unprecedented opportunity to not only boost the provincial economy but also champion global initiatives toward a sustainable future. \nIn partnership with Alberta Innovates\, Plug and Play is launching an Innovation Challenge focused on AI in the energy sector. This challenge seeks to source top technology startups worldwide\, inviting them to showcase their cutting-edge artificial intelligence solutions that are poised to address critical challenges in the energy sector. \n  \n \n \nUse-Cases of AI in Energy\n\nEnergy Asset Utilization Software\nRisk Forecasting\nDigital Twins and AI Copilots\nR&D Acceleration\nCompliance Automation\nWastewater Treatment\nWaste Identification and Sorting\nModeling New Molecules\nMaterial and Mineral Traceability\nData Cleanup and Centralization\n\n \nSelection Criteria\n\nOpen to startups ranging from Pre-Seed to Series A fundraising stages\nStartups must present novel technology that is directly applicable to the energy industry\nTechnology must leverage artificial intelligence (AI) to enhance efficiency\, effectiveness\, or innovation\nStartups must have a Minimum Viable Product (MVP) demonstrating the core functionality of their technology\nStartups should be prepared for pilot projects or commercial agreements\, demonstrating readiness to deploy and scale their technology\n\n  \n \n \nChallenge Timeline\n\nPortal Launch Date: Mar 25\, 2024\nApplications Close: Apr 20\, 2024\nTop 20 Solutions Shortlisted: Apr 29\, 2024\nTop 10 Solutions Shortlisted: May 6\, 2024\nTop 5 Invited to Pitch at Inventures: May 13\, 2024\nPitch Day: May 30\, 2024\n\n \nPrizes\n\n$10\,000 Cash prize\nOpportunity to present to the Plug and Play Ventures team and be considered for a Plug and Play investment of up to $500\,000\n1:1 meeting with Plug and Play CEO\, Saeed Amidi\, a seasoned investor and executive with 30 years experience in founding\, operating\, and growing successful companies\nTwo exclusive tickets to the Plug and Play Silicon Valley Summit in November 2024\nA guaranteed spot in the Plug and Play Sustainability Accelerator Program in Fall 2024\nPersonalized 1:1 mentorship sessions with world-class mentors from the Plug and Play network\n\n  \n \n \nBenefits\n\nStartup pitch opportunity at Inventures 2024 to an audience of corporations\, investors\, and government.\nMarketing and promotional exposure across Plug and Play’s influential social media platforms.\nAccess to Plug and Play’s upcoming events\, expanding your network and potential partnerships.\n1:1 pitch polishing session led by the Plug and Play Ventures Team ahead of Inventures 2024.\n\nApplications are now closed. \nJoin us at Inventures 2024 as our exciting finalists pitch for top prize!
URL:https://albertainnovates.ca/event/plug-and-play-ai-in-energy-innovation-challenge/
LOCATION:Hyatt Regency Calgary – Imperial Ballroom\, 700 Centre Street SE\, Calgary\, Alberta\, T2G5P6\, Canada
ATTACH;FMTTYPE=image/png:https://albertainnovates.ca/wp-content/uploads/2024/03/Inventures-AI-in-Energy-Social-Media-Kit.002-1.png
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