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Startups or research groups
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Patented prototypes and products with commercial potential
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Projects that are in the early stage of commercialisation, with no restriction on the size of revenue
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Ready for scaling with industry partners, investors and markets
Benefits for Participants
The top three entries in the Grand Final will receive cash prizes of US$1 million, US$100,000 and US$50,000 respectively.
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Outstanding projects from the competition will have the opportunity to receive a strategic investment from Towngas, Full Vision Capital, and partnership funds.
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Towngas, along with its subsidiary Towngas Smart Energy, will provide outstanding entries from the competition with application scenarios, empowering innovative technologies and products to be practically implemented and reproduced rapidly.
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Participants in the competition will have the opportunity to engage in face-to-face interactions with industry experts, renowned mentors, and investors, fostering project growth.
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Together with a professional team, we will create media coverage around trending topics related to the TERA-Award Smart Energy Innovation Competition. We will uncover, track, and document the exciting moments and growth journey of the annual winners, while also collaborating with mainstream media to extensively promote and report on the winners.
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Application Procedure
Dec 2024 – Apr 2025
Submission
Apr 2025 – May 2025
Screening by Judges
Jun 2025
Online Interview
Jun 2025
Final Assessment by Judges
Jul 2025
Result Announcement
Jul 2025
Award Presentation