Teams of 1 to 5 people will submit an application and 2-page proposal outlining their idea. Submissions will be accepted from July 15 until September 15, 2019.
After a review process, selected finalists will be notified on September 27, 2019 and invited to prepare materials for a final pitch at the Schneider Electric & Powerhouse 4D Demo Night. Finalists will receive pitch preparation support and mentorship in the lead up to the 4D Demo Night.
Seven teams will pitch in front of a live audience and industry expert judges at the 4D Demo Night on October 15, 2019 in Oakland.
Is the solution aligned with the objectives of the challenge?
Does the solution address a sufficiently large total addressable market?
Does the problem statement capture the pain points of targeted customers?
Does the team have the technical and/or business credibility to deliver on the idea?
Could this idea be turned into a company with a significant market impact?
Is the solution technically feasible, demonstrable, and innovative?
How innovative or new is this idea, concept, or solution?
How far along must an idea be for the initial submission versus the demo night?
For the initial submission, teams must submit a technically feasible design and business plan draft of the solution. For the 4D Demo Night, finalists must demonstrate a design with regulatory feasibility or a minimum viable product (MVP).
If I am already an incorporated startup, can I participate in this competition?
Early-stage startups are encouraged to apply, especially those at a stage that can benefit from incubation support and pre-seed or seed capital from Schneider Electric and Powerhouse.
Are you looking for hardware or software solutions?
Teams may submit hardware and/or software solutions, recognizing that software ideas may be easier to develop for the purpose of this competition.
I’m located outside the U.S., can I participate?
Participating startups or individuals must be located in the United States. Startups or individuals can propose solutions for international markets as long as they plan to incorporate in the United States. Participants must commit to pitch in person at the 4D Demo Night in Oakland on October 15, 2019.
What is the size limit for a team?
Teams may not exceed 5 people.
What must be included in the 2-page proposal? All the information that must be included in the 2-page proposal can be found in the proposal template.
What does the incubation program entail?
Click here to read more details about the program.
How many teams will be accepted into the incubation program?
The first place team will receive $25K in non-dilutive funding and will automatically be enrolled in the incubation program. Up to 4 additional teams will be considered for $25K in non-dilutive funding and acceptance into the incubation program.
Does my team need to be in the Bay Area for the incubation program?
Participating teams can be located anywhere in the United States for the three months of the incubation program. Teams will be expected to visit the Bay Area for at least two in person meetings. Teams will be offered the option of having desk space at Powerhouse for the duration of the program, pending availability.