EDP launches the 2015 edition of the Innovation Award

Monday 06, July 2015

"Smart Cities" is the theme of the competition that aims at encouraging innovation, sustainability and entrepreneurship in Brazil; Interested parties may register projects by August 31 and compete for the R$50,000 prize

Entries for the 2015 edition of the ** EDP Innovation Award ** are open, a project idealized by EDP, a company that operates in the areas of generation, commercialization and distribution of electricity. With the theme "Smart Cities", the awards are aimed at encouraging innovation, entrepreneurship and sustainability. Participants will apply for the prize of R$50,000 and implementation of the pilot project in partnership with EDP, with resources from the company itself.

"Brazil is a hotbed of entrepreneurs in several areas, mainly in sustainability and ideas aimed at improving the quality of life. That is why we support and invest in projects that contribute to the socioeconomic development of the country, fostering the creativity of Brazilians and stimulating new businesses", states the president of EDP, Miguel Setas.

For the sixth consecutive year, the initiative will recognize entrepreneurial ideas with potential for business development focused on smart grids, electric mobility, power efficiency and renewable energies. By August 31, students in technical courses, universities and entrepreneurs can register. And the teams must have no more than four members.

The EDP Innovation Award

In 2015, the prize will consist of four distinct phases: Registration, Business Model, Prototypes and Final Pitch. Unlike past editions, the selection process will have a jury composed of professionals from EDP, who will choose the five best projects, which will go to the finals to dispute the R$50,000 prize.

The award integrates the innovation policy adopted by the company and is anchored in the predictable transformation of current models in the energy sector. With partnerships among student entities, incubators and entrepreneurship support companies, the EDP Innovation Award offers multiple benefits to the participants. Besides the awards, everyone has the opportunity to interact with each other and executives from EDP and the partner companies. They also have access to entrepreneurship courses, as well as guidance and visibility. To know more, register or know the rules, access: www.edp.com.br/premio