Urban Future Prize Competition for Climatetech Startups 2025 (up to $50,000)

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About Urban Future Prize Competition for Climatetech Startups

Thanks to the generous support of MUFG Bank, Mitsubishi Corporation (Americas), and NYU Tandon School of Engineering, two winners will each receive a $50,000 cash prize and admission into the ACRE Incubator-New York's longest-running and most successful climatetech program.

Competition Tracks

There are two distinct prize tracks for this year: the Climate Mitigation Prize and the Climate Adaptation Prize. These tracks reflect their commitment to addressing the climate crisis through both reducing emissions and building resilience to its impacts. The Climate Mitigation Prize seeks startups developing technologies or business models to reduce greenhouse gas emissions and combat the root causes of climate change. The Climate Adaptation Prize is for startups developing solutions that help communities and ecosystems adapt to the impacts of climate change.

• Sponsor Organisation: Urban Future Lab

Benefits of Urban Future Prize Competition for Climatetech Startups

Prizes

• Two $50,000 Non-Dilutive Cash Prizes: Fuel your growth without giving up equity.
• ACRE Incubator Membership: Gain access to NYC's leading climatetech incubator, boasting a near 90% startup survival rate.
• Expert Mentorship: Connect with seasoned advisors, mentors, and investors.
• Increased Visibility: Showcase your innovation to industry leaders and potential partners.

Urban Future Prize Competition for Climatetech Startups Requirements

• Applicants should be early-stage startups generating revenue that have raised under $5M and are able to clearly articulate the potential sustainability impact from their core product or service.
• Companies may be internationally based, however, they ask winners to maintain at least one full-time startup emplovee and one desk at an incubator in New York City. Founders derive the most value from being physically present when industry, investor office hours or events occur.

Application Date and Process

Applications must be submitted via Airtable no later than Monday, April 28, 2025 at 11:59pm ET. Emailed entries and late entries will not be considered. Click on the link to the application website to get started.

Application Deadline

28 April, 2025

Scholarship Application Portal

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