$50,000 Grant for Young Innovators in Renewable Energy from BP

One Young World is announcing the launch of the global competition supported by the British Petroleum Company (BP) Company that aims to achieve the seventh goal of the Sustainable Development Goals (SDGs). The world faces a dual challenge, the need to reduce carbon emissions to net-zero while providing the increasing energy necessary for the world to continue to grow and prosper. The Challenge aims to find and support innovative renewable energy solutions with the potential of substantially increasing the share of renewable energy in the global energy mix.

Eligibility:

1. Aligned: Evidently aligned with the SDG7 challenge.
2. Youth-led: Founded by a person aged 18 – 30.
3. Focused: Well-structured time horizon, identified key stakeholders and beneficiaries, and proposed outcomes that are reasonable and well thought out
4. Proven: Readily available, in or past implementation phase.
5. Impactful: Solutions must have a positive social impact, for example generating employment, or developing skills.
6. Measurable: Impacts of solutions must have been adequately measured and/or be measurable.
7. Financially viable: Must be able to achieve efficiency and to survive independently through the resources they generate and/or the investments and donations they attract.
8. Scalable: Potential to perform as well or better after expanding in scope or size and/or being transported to other regions.

The Competition Purpose:

The challenge welcomes solutions from young innovators that:

1. Are working to improve current renewable technologies such as solar, wind, and biofuels
2. Are exploring new technologies to produce the renewable energy sources of the future
3. Are increasing access to and the affordability of renewable energy for all developing countries, in particular, the least developed countries.

Benefits:

The winning solution will receive:

1. A US$50,000 grant from BP.
2. 12 months of mentorship from a team of BP professionals. The mentorship team will work to accelerate your solution based on the needs of your initiative or organization, such as:

• Business strategy.
• Best practices for data collection.
• Monitoring and evaluation.
• Product design.

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