Incentivizing and Supporting Early-Stage Solar Innovation in the United States
In 2018, the U.S. Department of Energy's Solar Energy Technologies Office and the National Renewable Energy Laboratory set out to develop a repeatable, predictable prize model (the American-Made Challenges) and an entrepreneurial innovation network (the American-Made Network) to support participants along their innovation journeys. This began with the launch of the Solar Prize. Five years and six rounds later, the Solar Prize is the longest-standing competition of the American-Made Challenges. It has awarded $\$20.1$ million in cash prizes and $\$5.5$ million in technical support vouchers to 140 teams across all aspects of the solar industry. By sharing the outputs of the prize, we hope that our lessons learned will help continue to build the clean tech entrepreneurship support ecosystem.