TechCrunch: Today at a special ‘Ecomagination’ event in San Francisco, General Electric is announcing the launch of the $200 million GE ecomagination Challenge: Powering the Grid, an investment that’s meant to help spur advances in green grid technologies. The fund is launching in partnership with VC funds Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers, and RockPort Capital. Wired Editor-in-Chief Chris Anderson is also involved.
GE says that it is looking for proposals in three categories: Renewables, Grid, and Eco Homes & Eco Buildings. Applicants can submit ideas on ecomagination.com over a ten week period. Entrants will be eligable for both “a potential future commercial relationship” with GE and one of five $100,000 awards that are meant to highlight submissions demonstrating “outstanding entrepreneurship and innovation”.
http://challenge.ecomagination.com
http://www.emerald-ventures.com
http://www.foundationcapital.com
http://www.kpcb.com
http://www.rockportcap.com
Rewind: 2009: Griddle
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