EV in­no­va­tion chal­lenge set

Chattanooga Times Free Press - - BUSINESS -

The Ten­nessee Val­ley Author­ity and Chat­tanooga’s EPB are part­ner­ing with CO.LAB and green|spa­ces to host the in­au­gu­ral Gig City In­no­va­tion Chal­lenge — EV Edi­tion dur­ing Startup Week in Chat­tanooga later this month.

The con­test pro­vides an op­por­tu­nity for stu­dents from uni­ver­si­ties across the coun­try to work to­gether vir­tu­ally to ad­dress chal­lenges in the en­ergy sec­tor.

“Be­tween EPB, with one of the most ad­vanced smart grids in the world, and the op­er­a­tional cen­ter of the TVA serv­ing 10 mil­lion peo­ple in seven states, Chat­tanooga is an ideal sand­box for in­no­va­tion in the en­ergy space,” said Michael Wal­ton, ex­ec­u­tive di­rec­tor of green|spa­ces, a non­profit that is ded­i­cated to sus­tain­abil­ity in the re­gion.

The spe­cific chal­lenge will fo­cus on en­hanc­ing the adop­tion of elec­tric ve­hi­cles, and stu­dents will have 48 hours to for­mu­late their so­lu­tion that ad­dresses the chal­lenge pro­vided at the be­gin­ning of the event. Af­ter the 48 hours, teams will sub­mit their recorded pitches to the judges, who will then se­lect four fi­nal­ist teams to pitch at a vir­tual pub­lic event on Fri­day, Oct. 23 as part of this year’s Startup Week Chat­tanooga. The teams who win first, sec­ond and third place will be awarded $5,000, $3,000 and $1,000, re­spec­tively.

“We are ex­cited to en­gage some of the na­tion’s top emerg­ing tal­ent through this chal­lenge and not only ac­cel­er­ate the par­tic­i­pants’ ca­reers but also in­no­va­tion in the en­ergy sec­tor,” said CO.LAB chief ex­ec­u­tive of­fi­cer Mar­cus Shaw.

The Gig City In­no­va­tion Chal­lenge will cul­mi­nate in a vir­tual pub­lic pitch event on Fri­day, Oct. 23 at 2 p.m. The ap­pli­ca­tion pe­riod for stu­dents ends on Sun­day, Oct. 11. You can find more in­for­ma­tion at co­lab.co/gigc­i­ty­chal­lenge.

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